Veoneer Inc (VNE)

Common Stock

36.95  +0.07 (+0.19%)

After market: 36.96 +0.01 (+0.03%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to VNE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VNE is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
VNE is one of the better performing stocks in the Automobile Components industry, it outperforms 97% of 43 stocks in the same industry.
VNE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VNE is lagging the market slightly.
In the last month VNE has a been trading in the 34.86 - 36.96 range, which is quite wide. It is currently trading near the high of this range.
VNE has an average volume of 2155000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, VNE did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
VNE Weekly chart
VNE Daily chart
Setup Rating and Analysis

5

Although VNE has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

26.85

37.32

We found 2 important support areas.

  • A support zone ranging from 34.21 to 36.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @27.12 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.56
Mansfield1.37
10 Day High36.96
10 Day Low35.7
20 Day High36.96
20 Day Low34.86
52 Week High40.46
52 Week Low19.28
Performance
1 Week0.52%
2 Weeks2.78%
1 Month3.53%
3 Month4.14%
6 Month6.95%
12 Month51.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)75.35
LBB35.35
UBB37.31
VNE Daily chart

Veoneer Inc

NYSE:VNE (3/31/2022, 7:04:26 PM)

After market: 36.96 +0.01 (+0.03%)

36.95

+0.07 (+0.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.19%
1 Week0.52%
2 Weeks2.78%
1 Month3.53%
3 Month4.14%
6 Month6.95%
12 Month51.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.24
ATR(20)%0.78%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High36.96
10 Day Low35.7
20 Day High36.96
20 Day Low34.86
52 Week High40.46
52 Week Low19.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.57M
Volume Incr19.55%
Vol(5)3.37M
Vol(50)2.15M