VEON Technical Signal Analysis
VEON have 4 buy signals and 6 sell signals now. The current trend is consolidation starting from 2025-03-21. The total price change during this trend is -16.47%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of VEON over last 5 trading day is $6,282,090.99
4 Bullish Signal
6 Bearish Signal
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-161.35
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
7.09
Williams %R (14 days)
WILLR_14 < -80
-95.77
Ultimate Oscillator (7, 14, 28)
UO_7_14_28 < 30
27.56
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-1.37
Momentum (10 days)
MOM_10 < 0
-7.57
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.43
Closing price
close < fibonacci_S1
38.38
Moving Average
5-day SMA crosses below 20-day SMA
--
Moving Average
10-day SMA crosses below 60-day SMA
--
4 Bullish Signal
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-161.35
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
7.09
Williams %R (14 days)
WILLR_14 < -80
-95.77
Ultimate Oscillator (7, 14, 28)
UO_7_14_28 < 30
27.56
VEON Support and Resistance Level
The support levels for VEON are at 39.63, 37.68, and 34.53, while the resistance levels are at 45.94, 47.89, and 51.05. With the current stock price at 38.91, it is leaning more toward the support levels.
VEON Technical Analysis
Technical Analysis of VEON Stock
Price Overview:
- Current Price: $42.04
- Fibonacci Pivot: $41.59
- Fibonacci Resistance Levels: $45.36, $47.69
- Fibonacci Support Levels: $37.83, $35.50
Technical Indicators:
- RSI (6, 12, 14): 48.35, 45.07, 45.43 (Below 70, not overbought)
- Stochastic Oscillator: %K (45.04) > %D (36.02) → Bullish Crossover
- MACD: -0.80 (Slightly bearish, but MACD Histogram is also negative)
Recent Price Action:
- High: $42.62
- Low: $39.5001
- Volume: 100,931 (Lower than recent averages)
News Sentiment:
- Positive Developments: Price target increase to $56 by Benchmark, GLOMO Award, and demining efforts in Ukraine.
Conclusion:
The stock is trading above the Fibonacci pivot with bullish Stochastic and RSI not overbought. Positive news supports a bullish outlook.
Recommendation: Buy at $42.04, targeting Fibonacci resistance levels.
VEON FAQs
Which bull technical signals does VEON have?
Bullish technical signals of VEON include: CCI_20_0.015 < -100, STOCHRSIk_14_14_3_3 < 20, WILLR_14 < -80, UO_7_14_28 < 30.
Which bearish technical signals does VEON have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for VEON stock?
Is VEON a buy based on overall technical signals summary?
VEON Buy or Sell
VEON has 4 buy signals and 6 sell signals now. Overall the technical rating for VEON is Sell.
VEON Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 38.91 below the SMA_5. In the short term, the stock shows a negative trend with the 42.55 below the SMA_20. In the mid term, the stock shows a negative trend with the 43.53 below the SMA_60. In the long term, the stock shows a positive trend with the 44.31 above the SMA_200.
Swing
Stock Price Below SMA_5
Short Term
SMA_5 Below SMA_20
Mid Term
SMA_20 Below SMA_60
Long Term
SMA_60 Above SMA_200
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What do technical indicators suggest about VEON's current trend?What are VEON's key support and resistance levels?