Vine Energy Inc Cl A (VEI) Technical Analysis
NYSE:VEI
Current stock price
VEI Technical Rating and Analysis
Taking everything into account, VEI scores 7 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, VEI is a bad performer in the overall market: 100% of all stocks are doing better.
- VEI is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 94% of 209 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- VEI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VEI is performing more or less in line with the market.
- 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 Weekly and Daily overview Charts
VEI Setup Rating and Analysis
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
VEI Support and Resistance Analysis
15.20
When analyzing the support we can see 3 important 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.
VEI Technical Indicator Signal Analysis
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. |
VEI Chart- and CandleStick Pattern Analysis
VEI Example Setup
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 trade has a worst case loss of 1.20 points, which is 6.65%. | When investing 15.04% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
VEI Technicals: Chart, Performance Metrics, Trend & Indicators
17.58
+0.51 (+2.99%)
Vine Energy Inc Cl A / VEI TA FAQ
Can you provide the ChartMill technical rating for Vine Energy Inc Cl A?
ChartMill assigns a technical rating of 7 / 10 to VEI.
Can you provide the trend direction for Vine Energy Inc Cl A?
The current trend direction for Vine Energy Inc Cl A (VEI) is Bullish.
What is the RSI signal for Vine Energy Inc Cl A (VEI) stock?
Vine Energy Inc Cl A (VEI) has an RSI value of 57.2782. This indicates that the stock is currently neutral.
What is the MACD signal for Vine Energy Inc Cl A (VEI) stock?
The MACD indicator for Vine Energy Inc Cl A (VEI) has a value of 0.0136535, indicating a bearish trend.
What is the short term momentum for VEI stock?
The short term momentum for Vine Energy Inc Cl A (VEI) is positive.