Strong Growth Stock Technical Setups. Analyze technical breakout patterns in stocks which are growing strongly while having decent profitability and health.
Nasdaq / Consumer Staples / Food Products
Taking everything into account, VITL scores 5 out of 10 in our technical rating. In the past year, VITL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
VITL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 35.39. Right above this resistance zone may be a good entry point.
More info and screens
29.02
When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.51 to 32.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @31.51 from a trend line in the weekly time frame.
- A support zone ranging from 29.31 to 30.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 35.39 to 36.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.98 from a trend line in the weekly time frame.