VEON's 15min chart triggers Bollinger Bands Narrowing, Bearish Marubozu signal.

VEON's 15-minute chart has recently exhibited a narrowing of Bollinger Bands and a bearish Marubozu pattern on September 18, 2025 at 10:15. This indicates a decrease in the magnitude of stock price fluctuations, a dominance of sellers in the market, and a likely continuation of bearish momentum.

VEON Ltd. (NASDAQ:VEON), a digital services and telecom company operating in fast-growing markets, has recently shown signs of bearish momentum as indicated by its 15-minute chart on September 18, 2025, at 10:15. The narrowing of Bollinger Bands and the appearance of a bearish Marubozu pattern suggest a decrease in stock price fluctuations, dominance of sellers in the market, and a potential continuation of bearish momentum. This development comes amidst the company's significant digital transformation efforts and strong financial performance.

VEON Ltd. operates major mobile networks in countries such as Pakistan, Ukraine, Bangladesh, Kazakhstan, and Uzbekistan. The company has been investing heavily in digital services, including mobile banking, payments, and ride-hailing, which have shown robust growth. For instance, in Pakistan, JazzCash and Mobilink Bank transacted PKR 11.7 trillion over the past twelve months, a 57.4% jump, and digital lending has grown significantly VEON Ltd. Builds Digital Momentum: Limited Risk, Compelling Reward^[1].

The company's digital transformation is evident in its revenue growth. Direct digital revenue increased to $180 million, constituting 16.5% of group revenue, up from approximately 11% the previous year VEON Ltd. Builds Digital Momentum: Limited Risk, Compelling Reward^[1]. This growth has been consistent, with digital revenue increasing by 56.6% in USD and 62.1% in local currencies year-over-year VEON Ltd. Builds Digital Momentum: Limited Risk, Compelling Reward^[1].

Despite these positive developments, the stock has shown bearish momentum. The narrowing Bollinger Bands and the Marubozu pattern suggest that the stock price has been trending downwards, with sellers dominating the market. This could be due to various factors, including market sentiment, geopolitical risks, or currency fluctuations, which have historically been significant for VEON Ltd. VEON Ltd. Builds Digital Momentum: Limited Risk, Compelling Reward^[1].

However, it is essential to consider the company's strong fundamentals. VEON Ltd. has been generating solid free cash flow, with the equity-free cash flow in the past 12 months amounting to $611 million, more than 40% of EBITDA VEON Ltd. Builds Digital Momentum: Limited Risk, Compelling Reward^[1]. The company's EBITDA has been growing rapidly, outpacing revenue growth, indicating strong operational performance and efficiency VEON Ltd. Builds Digital Momentum: Limited Risk, Compelling Reward^[1].

Moreover, the company's valuation appears attractive. The stock currently trades at only five times EBITDA, while the local revenue is increasing in double digits VEON Ltd. Builds Digital Momentum: Limited Risk, Compelling Reward^[1]. This suggests that the stock may be undervalued, presenting an opportunity for investors.

In conclusion, while the recent bearish momentum in VEON Ltd.'s stock is concerning, the company's strong financial performance and digital transformation efforts provide a solid foundation. Investors should closely monitor the situation and consider the company's fundamentals before making investment decisions.