VNET GROUP INC-ADR (VNET)
US90138A1034 - ADR
Overall VNET gets a technical rating of 2 out of 10. In the past year, VNET was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than VNET.
VNET is one of the lesser performing stocks in the IT Services industry. 75% of 86 stocks in the same industry do better.
VNET is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so VNET is lagging the market.
VNET has an average volume of 1631470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month VNET has a been trading in the 1.42 - 1.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
VNET has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
1.40
2.04
When analyzing the support we can see 3 important areas.
- Support @1.48 from a horizontal line in the weekly time frame.
- Support @1.44 from a horizontal line in the daily time frame.
- Support @1.41 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.65 to 1.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.02 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.81
Mansfield-4.58
10 Day High1.7
10 Day Low1.42
20 Day High1.9
20 Day Low1.42
52 Week High3.88
52 Week Low1.39
Performance
1 Week6.04%
2 Weeks-1.86%
1 Month1.94%
3 Month-14.59%
6 Month-46.62%
12 Month-46.26%
2 Year-73.53%
3 Year-94.34%
5 Year-79.9%
10 Year-93.42%
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
RSI(14)46.31
LBB1.34
UBB1.85
VNET GROUP INC-ADR
NASDAQ:VNET (4/26/2024, 7:22:54 PM)
After market: 1.53 -0.05 (-3.16%)1.58
-0.08 (-4.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-4.82%
1 Week6.04%
2 Weeks-1.86%
1 Month1.94%
3 Month-14.59%
6 Month-46.62%
12 Month-46.26%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%7.47%
ATR Inc
Range Today0.19
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 High1.7
10 Day Low1.42
20 Day High1.9
20 Day Low1.42
52 Week High3.88
52 Week Low1.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.35M
Volume Incr-15.22%
Vol(5)822.80K
Vol(50)1.63M