VEIDEKKE ASA (VEI.OL) Stock Technical Analysis
OSL:VEI - Oslo Bors ASA - NO0005806802 - Common Stock - Currency: NOK
Overall VEI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VEI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, VEI did better than 84% of all other stocks. We also observe that the gains produced by VEI over the past year are nicely spread over this period.
VEI is part of the Construction & Engineering industry. There are 39 other stocks in this industry. VEI outperforms 81% of them.
VEI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month VEI has a been trading in the 136.60 - 147.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although VEI 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.
More info and screens
122.76
148.28
We found 3 important support areas.
- A support zone ranging from 137.59 to 143.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @131.31 from a trend line in the daily time frame.
- Support @124.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 145.01 to 146.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.63
Mansfield0.85
10 Day High147.2
10 Day Low140
20 Day High147.2
20 Day Low136.6
52 Week High147.2
52 Week Low97
Performance
1 Week0.55%
2 Weeks3.57%
1 Month3.13%
3 Month9.19%
6 Month22.47%
12 Month44.14%
2 Year24.78%
3 Year6.46%
5 Year26.75%
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)0.22
RSI(14)60.98
LBB138.18
UBB147.08
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 146.82 | 139.99 | 6.83 (4.65%) | 21.50% |
| An entry @146.82. This is a Buy Stop order right above the resistance zone. | An exit @139.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.83 points, which is 4.65%. | When investing 21.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
VEIDEKKE ASA
OSL:VEI (2/5/2025, 11:27:20 AM)
144
-1 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.69%
1 Week0.55%
2 Weeks3.57%
1 Month3.13%
3 Month9.19%
6 Month22.47%
12 Month44.14%
2 Year24.78%
3 Year6.46%
5 Year26.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.1
ATR(20)%1.44%
ATR Inc16.67%
Range Today0.6
ADR(20)1.99
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.63
Mansfield0.85
10 Day High147.2
10 Day Low140
20 Day High147.2
20 Day Low136.6
52 Week High147.2
52 Week Low97
CS1 End143.78
CR1 Start145.01
Volume & EV
DER(3)-1.73%
DER(5)-1.17%
Volume998
Volume Incr40.9%
Vol(5)58.02K
Vol(50)50.53K