Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

VNET Group, Inc. - American Depositary Shares (NASDAQ:VNET)

Bear Market Rally (-75) - VNET is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VNET as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid VNET?

MarketClub looks at technical strength and momentum to determine if the timing is right for VNET.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_VNET
Open High Low VNET Price Change
1.69 1.70 1.51 1.58 -0.08
Entry Signal

MarketClub’s Trade Triangles for VNET

long term down The long-term trend has been DOWN since Nov 16th, 2023 at 2.65

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 1.54

short term up The short-term trend has been UP since Apr 24th, 2024 at 1.52

Smart Scan Analysis for VNET

Based on our trend formula, VNET is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for VNET
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.69 1.70 1.51 1.58 -0.08
Prev. Close Volume Bid Ask Time
1.66 1282511 2024-04-26 15:59:15
Year High11.98Year High Date2018-11-21
Year Low5.01Year Low Date2018-05-04
52wk High3.87552wk High Date2023-08-31
52wk Low1.3952wk Low Date2024-02-05
Year End Close9.61Average Volume845,927
Shares Outstanding344,746Short Interest1,868,123
% Institutional67.2Market Cap553M
Assets299,209,180MLiabilities235,286,440M
P/E Ratio-106.49120000Volatility66.56
Get a free daily analysis and signals for VNET Group, Inc. - American Depositary Shares (VNET) - Request Your Free Report.