VERMILION ENERGY INC (VET) Stock Technical Analysis
NYSE:VET - New York Stock Exchange, Inc. - CA9237251058 - Common Stock - Currency: USD
Overall VET gets a technical rating of 5 out of 10. In the past year, VET 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.
77% of all other stocks performed better in the past year than VET.
VET is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 70% are performing better than VET.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month VET has a been trading in the 6.22 - 8.39 range, which is quite wide. It is currently trading near the high of this range.
VET has an average volume of 1680590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VET is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VET is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
VET has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.78
8.61
When analyzing the support we notice one important area.
- A support zone ranging from 6.85 to 6.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.25 to 8.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.52 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for VET is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VET is up. |
| ChartMill Relative Strength | 23.28 | NEGATIVE | VET has a low relative strength, it was outperformed by 76.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VET is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VET is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.1 | OVERBOUGHT | The high RSI value suggests VET may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests VET has a positive trend. |
| Stochastics (14,3) | 94.2 | OVERBOUGHT | The high Stochastics value suggests VET may be overbought. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for VET suggests some volalility. |
| Average Directional Index/ADX (14) | 23.64 | NEUTRAL | The ADX value for VET suggests a possible start of a new trend. |
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)
8.24
+0.32 (+4.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.04%
1 Week14.44%
2 Weeks26.57%
1 Month21.53%
3 Month6.19%
6 Month-12.53%
12 Month-24.26%
2 Year-33.82%
3 Year-56.77%
5 Year84.75%
10 Year-80.92%
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%3.5%
ATR Inc20.19%
Range Today0.36
ADR(20)0.26
ADR(20)%3.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.28
Mansfield-1.25
10 Day High8.39
10 Day Low6.64
20 Day High8.39
20 Day Low6.22
52 Week High11.52
52 Week Low5.14
CS1 End6.94
CR1 Start8.25
Volume & EV
DER(3)1.24%
DER(5)3.5%
Volume2.47M
Volume Incr4.72%
Vol(5)1.85M
Vol(50)1.68M