VEIDEKKE ASA (VEI.OL) Stock Technical Analysis
OSL:VEI - Euronext Oslo - NO0005806802 - Common Stock - Currency: NOK
Overall VEI gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, VEI did better than 75% 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 currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so VEI slightly outperforms the market at the moment.
In the last month VEI has a been trading in the 140.20 - 152.40 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
VEI is an average performer in the Construction & Engineering industry, it outperforms 64% of 40 stocks in the same industry.
Besides having an excellent technical rating, VEI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 144.85, a Stop Loss order could be placed below this zone.
More info and screens
122.76
151.51
We found 4 important support areas.
- A support zone ranging from 139.99 to 144.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @137.60 from a horizontal line in the daily time frame.
- Support @134.20 from a trend line in the daily time frame.
- Support @124.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 148.41 to 150.01. 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
CRS75.66
Mansfield1.2
10 Day High145.2
10 Day Low140.2
20 Day High152.4
20 Day Low140.2
52 Week High152.4
52 Week Low110
Performance
1 Week0.28%
2 Weeks0.83%
1 Month-0.55%
3 Month5.53%
6 Month21.44%
12 Month28.77%
2 Year30.4%
3 Year18.46%
5 Year66.38%
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)53.24
LBB140.97
UBB146.46
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 |
|---|---|---|---|
| 150.02 | 140.19 | 9.83 (6.55%) | 15.26% |
| An entry @150.02. This is a Buy Stop order right above the resistance zone. | An exit @140.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 9.83 points, which is 6.55%. | When investing 15.26% 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.
OSL:VEI (3/7/2025, 7:00:00 PM)
145
+1 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.69%
1 Week0.28%
2 Weeks0.83%
1 Month-0.55%
3 Month5.53%
6 Month21.44%
12 Month28.77%
2 Year30.4%
3 Year18.46%
5 Year66.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.7
ATR(20)%2.19%
ATR Inc-50.93%
Range Today2
ADR(20)3.15
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.66
Mansfield1.2
10 Day High145.2
10 Day Low140.2
20 Day High152.4
20 Day Low140.2
52 Week High152.4
52 Week Low110
CS1 End144.85
CR1 Start148.41
Volume & EV
DER(3)-1.46%
DER(5)-1.24%
Volume30.59K
Volume Incr-7.79%
Vol(5)57.96K
Vol(50)51.67K