VNET GROUP INC-ADR (VNET) Stock Technical Analysis
NASDAQ:VNET - Nasdaq - US90138A1034 - ADR - Currency: USD
Taking everything into account, VNET scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, VNET has proven to be a steady performer, scoring decent points in every aspect analyzed.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that VNET is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by VNET over the past year are nicely spread over this period.
VNET is part of the IT Services industry. There are 82 other stocks in this industry. VNET outperforms 100% of them.
VNET has an average volume of 7759440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VNET is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VNET is lagging the market slightly.
In the last month VNET has a been trading in the 6.75 - 16.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although VNET has an excellent technical rating, it does not present a decent entry opportunity 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
11.60
11.85
When analyzing the support we notice one important area.
- A support zone ranging from 11.72 to 11.72. 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
CRS99.74
Mansfield21.17
10 Day High16.13
10 Day Low10.42
20 Day High16.13
20 Day Low6.75
52 Week High16.13
52 Week Low1.42
Performance
1 Week-19.6%
2 Weeks-0.17%
1 Month56.82%
3 Month202.32%
6 Month321.94%
12 Month661.69%
2 Year195.47%
3 Year49.05%
5 Year-21.7%
10 Year-32.2%
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)-0.15
RSI(14)58.87
LBB9.62
UBB15.05
11.73
-0.18 (-1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.51%
1 Week-19.6%
2 Weeks-0.17%
1 Month56.82%
3 Month202.32%
6 Month321.94%
12 Month661.69%
2 Year195.47%
3 Year49.05%
5 Year-21.7%
10 Year-32.2%
15 YearN/A
Volatility
ATR(14)1.79
ATR(20)%12.66%
ATR Inc8.12%
Range Today1.47
ADR(20)1.4
ADR(20)%11.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.74
Mansfield21.17
10 Day High16.13
10 Day Low10.42
20 Day High16.13
20 Day Low6.75
52 Week High16.13
52 Week Low1.42
CS1 End11.72
CR1 StartN/A
Volume & EV
DER(3)-1.27%
DER(5)-1.69%
Volume9.94M
Volume Incr18.87%
Vol(5)13.17M
Vol(50)7.76M