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 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. VITL was also a bad performer in the overall market in the last year.
VITL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. 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 35.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.56, a Stop Loss order could be placed below this zone.
More info and screens
29.41
We found 3 important support areas.
- A support zone ranging from 32.46 to 32.56. 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 29.71 to 30.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.52 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.