Vine Energy Inc Cl A (VEI) Stock Technical Analysis
NYSE:VEI - New York Stock Exchange, Inc. -
Overall VEI gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, VEI is a bad performer.
100% of all other stocks performed better in the past year than VEI.
VEI is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 93% of 208 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
VEI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VEI is lagging the market slightly.
In the last month VEI has a been trading in the 16.19 - 18.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
VEI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 17.21, a Stop Loss order could be placed below this zone.
More info and screens
15.20
18.22
We found 3 important support areas.
- A support zone ranging from 16.86 to 17.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.19 to 16.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.35 to 15.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @18.04 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for VEI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VEI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | VEI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VEI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VEI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 57.28 | NEUTRAL | The RSI value for VEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VEI has a positive trend. |
| Stochastics (14,3) | 55.46 | NEUTRAL | The Stochastics value for VEI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for VEI suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.05 | 16.85 | 1.20 (6.65%) | 15.04% |
| An entry @18.05. This is a Buy Stop order right above the resistance zone. | An exit @16.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.20 points, which is 6.65%. | For a 1.00% total portfolio risk, you can invest 15.04% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
17.58
+0.51 (+2.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.99%
1 Week-2.55%
2 Weeks4.39%
1 Month2.03%
3 Month22.25%
6 Month32.78%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%3.44%
ATR Inc33.37%
Range Today0.39
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High18.42
10 Day Low16.19
20 Day High18.42
20 Day Low16.19
52 Week High18.42
52 Week Low10.85
CS1 End17.21
CR1 Start18.04
Volume & EV
DER(3)-1.73%
DER(5)-1.04%
Volume797.30K
Volume Incr106.24%
Vol(5)459.81K
Vol(50)305.24K