VEON LTD. ADS
VEON LTD. ADS
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: VEON
ISIN:

VEON LTD. ADS - Daily - Technical analysis published on 12/13/2019 (GMT)

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  • Timeframe : Daily
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A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 2.50 USD
My targets
2.66 USD (+4.72%)
2.85 USD (+12.20%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on VEON LTD. ADS as long as the price remains well above 2.50 USD. The buyers” bullish objective is set at 2.66 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.85 USD. If there is any crossing, the next objective would be the resistance located at 3.02 USD.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
3.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The VEON LTD. ADS rating is 2.54 USD. On the day, this instrument lost -0.39% and was between 2.54 USD and 2.59 USD. This implies that the price is at 0% from its lowest and at -1.93% from its highest.

2.54
2.59
2.54

Here is a more detailed summary of the historical variations registered by VEON LTD. ADS:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this VEON LTD. ADS chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 9 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.20 2.35 2.50 2.54 2.66 2.85 3.02
Change (%) -13.39% -7.48% -1.57% - +4.72% +12.20% +18.90%
Change -0.34 -0.19 -0.04 - +0.12 +0.31 +0.48
Level Major Major Major - Intermediate Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.412.452.502.542.592.632.68
Camarilla2.532.532.542.552.562.572.58
Woodie2.422.452.512.542.602.632.69
Fibonacci2.452.482.512.542.572.602.63


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.232.352.432.552.632.752.83
Camarilla2.452.462.482.502.522.542.56
Woodie2.202.342.402.542.602.742.80
Fibonacci2.352.432.482.552.632.682.75


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.042.192.412.562.782.933.15
Camarilla2.542.572.612.642.672.712.74
Woodie2.092.212.462.582.832.953.20
Fibonacci2.192.332.422.562.702.792.93

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 53.58
MACD (12,26,9): 0.0300
Directional Movement: 8.73
AROON (14): 14.29
DEMA (21): 2.57
Parabolic SAR (0,02-0,02-0,2): 2.70
Elder Ray (13): 0.03
Super Trend (3,10): 2.40
Zig ZAG (10): 2.54
VORTEX (21): 1.0600
Stochastique (14,3,5): 53.98
TEMA (21): 2.58
Williams %R (14): -50.00
Chande Momentum Oscillator (20): -0.10
Repulse (5,40,3): -0.9800
ROCnROLL: -1
TRIX (15,9): 0.2300
Courbe Coppock: 7.05
MA7: 2.53
MA20: 2.52
MA50: 2.44
MA100: 2.54
MAexp7: 2.55
MAexp20: 2.52
MAexp50: 2.49
MAexp100: 2.51
Price / MA7: +0.40%
Price / MA20: +0.79%
Price / MA50: +4.10%
Price / MA100: -0%
Price / MAexp7: -0.39%
Price / MAexp20: +0.79%
Price / MAexp50: +2.01%
Price / MAexp100: +1.20%

This member declared not having a position on this financial instrument or a related financial instrument.

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