VNET GROUP INC-ADR (VNET) Stock Technical Analysis
NASDAQ:VNET - Nasdaq - US90138A1034 - ADR - Currency: USD
We assign a technical rating of 10 out of 10 to VNET. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VNET is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
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 97% of them.
A new 52 week high is currently being made by VNET, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month VNET has a been trading in the 4.35 - 8.14 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
VNET has an average volume of 3528590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
3.55
7.49
When analyzing the support we can see 3 important areas.
- Support @4.05 from a trend line in the daily time frame.
- Support @3.85 from a trend line in the daily time frame.
- Support @3.59 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.02
Mansfield14.26
10 Day High8.14
10 Day Low5.31
20 Day High8.14
20 Day Low4.35
52 Week High8.14
52 Week Low1.39
Performance
1 Week16.67%
2 Weeks37.41%
1 Month73.77%
3 Month118.24%
6 Month301.08%
12 Month399.66%
2 Year26.19%
3 Year-25.2%
5 Year-19.7%
10 Year-55.17%
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)0.14
RSI(14)77.02
LBB4.7
UBB7.64
VNET GROUP INC-ADR
NASDAQ:VNET (1/29/2025, 8:00:02 PM)
After market: 7.43 +0.01 (+0.13%)7.42
+0.24 (+3.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg3.34%
1 Week16.67%
2 Weeks37.41%
1 Month73.77%
3 Month118.24%
6 Month301.08%
12 Month399.66%
2 Year26.19%
3 Year-25.2%
5 Year-19.7%
10 Year-55.17%
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%7.32%
ATR Inc83.38%
Range Today0.85
ADR(20)0.5
ADR(20)%6.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.02
Mansfield14.26
10 Day High8.14
10 Day Low5.31
20 Day High8.14
20 Day Low4.35
52 Week High8.14
52 Week Low1.39
CS1 End4.05
CR1 StartN/A
Volume & EV
DER(3)-0.18%
DER(5)0.13%
Volume9.83M
Volume Incr70.39%
Vol(5)6.82M
Vol(50)3.53M