VNET GROUP INC-ADR (VNET)

US90138A1034 - ADR

4.175  +0.45 (+12.23%)

Technical Rating and Analysis

4

Taking everything into account, VNET scores 4 out of 10 in our technical rating. VNET has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

VNET 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 VNET has a been trading in the 3.46 - 4.50 range, which is quite wide. It is currently trading near the high of this range.
VNET has an average volume of 2037700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that VNET is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
VNET is an average performer in the IT Services industry, it outperforms 59% of 83 stocks in the same industry.
Weekly and Daily overview Charts
VNET Weekly chart
VNET Daily chart
Setup Rating and Analysis

3

VNET has an average technical rating and it also does not offer a high quality setup 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

1.75

4.34

We found 5 important support areas.

  • A support zone ranging from 3.34 to 3.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @3.27 from a horizontal line in the daily time frame.
  • Support @2.13 from a trend line in the weekly time frame.
  • A support zone ranging from 2.02 to 2.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @1.77 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @4.22 from a horizontal line in the weekly time frame.
  • Resistance @4.30 from a horizontal line in the daily 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
CRS74.6
Mansfield3.74
10 Day High4.18
10 Day Low3.52
20 Day High4.5
20 Day Low3.46
52 Week High4.5
52 Week Low1.39
Performance
1 Week-5.58%
2 Weeks-9.71%
1 Month0.81%
3 Month-6.06%
6 Month77.57%
12 Month29.62%
2 Year-34.39%
3 Year-58.8%
5 Year-48.69%
10 Year-75.95%
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)-0.06
RSI(14)47.68
LBB3.45
UBB4.35
VNET Daily chart

VNET GROUP INC-ADR

NASDAQ:VNET (12/26/2024, 2:49:16 PM)

4.175

+0.45 (+12.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg12.23%
1 Week-5.58%
2 Weeks-9.71%
1 Month0.81%
3 Month-6.06%
6 Month77.57%
12 Month29.62%
2 Year-34.39%
3 Year-58.8%
5 Year-48.69%
10 Year-75.95%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%7.32%
ATR Inc-35.69%
Range Today0.41
ADR(20)0.26
ADR(20)%6.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.6
Mansfield3.74
10 Day High4.18
10 Day Low3.52
20 Day High4.5
20 Day Low3.46
52 Week High4.5
52 Week Low1.39
CS1 End3.36
CR1 Start4.22
Volume & EV
DER(3)1.08%
DER(5)1.03%
Volume5.00M
Volume Incr-31.95%
Vol(5)1.77M
Vol(50)2.04M