VEON's 15min chart triggers Bollinger Bands Narrowing, Bearish Marubozu signal.
ByAinvest
Thursday, Sep 18, 2025 10:18 am ET1min read
VEON--
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 [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 [1]. This growth has been consistent, with digital revenue increasing by 56.6% in USD and 62.1% in local currencies year-over-year [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. [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 [1]. The company's EBITDA has been growing rapidly, outpacing revenue growth, indicating strong operational performance and efficiency [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 [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.
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 [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 [1]. This growth has been consistent, with digital revenue increasing by 56.6% in USD and 62.1% in local currencies year-over-year [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. [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 [1]. The company's EBITDA has been growing rapidly, outpacing revenue growth, indicating strong operational performance and efficiency [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 [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.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet