Stock Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
VEON Ltd ADS (NASDAQ:VEON)
Sidelines Mode (-55) - VEON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid VEON?
MarketClub looks at technical strength and momentum to determine if the timing is right for VEON.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VEON
The long-term trend has been DOWN since Feb 24th, 2020 at 2.33
The intermediate-term trend has been DOWN since May 1st, 2020 at 1.52
The short-term trend has been UP since May 19th, 2020 at 1.49
Smart Scan Analysis for VEON
Based on our trend formula, VEON is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||4.105||Year High Date||2018-01-04|
|Year Low||2.2||Year Low Date||2018-04-09|
|52wk High||3.275||52wk High Date||2019-07-11|
|52wk Low||1.25||52wk Low Date||2020-03-19|
|Average Volume||9,019,749||Shares Outstanding||1,628,199|