VERMILION ENERGY INC (VET) Technical Analysis
NYSE:VET • CA9237251058
Current stock price
VET Technical Rating and Analysis
Overall VET gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VET is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, VET did better than 95% of all other stocks. We also observe that the gains produced by VET over the past year are nicely spread over this period.
- VET is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 89% of 209 stocks in the same industry.
- VET 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 VET is performing more or less in line with the market.
- VET has an average volume of 2587040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month VET has a been trading in the 11.24 - 14.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VET Weekly and Daily overview Charts
VET Setup Rating and Analysis
VET has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
VET Support and Resistance Analysis
7.21
When analyzing the support we can see 5 important areas.
- A support zone ranging from 12.88 to 12.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @12.54 from a trend line in the daily time frame.
- Support @8.59 from a horizontal line in the daily time frame.
- A support zone ranging from 8.25 to 8.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.28 to 7.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
VET 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 VET is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VET is up. |
| ChartMill Relative Strength | 95.79 | POSITIVE | VET has a high relative strength, it outperformed 95.79% 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) | UP | POSITIVE | The current price of VET is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.41 | NEUTRAL | The RSI value for VET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests VET has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.44 | NEUTRAL | The Stochastics value for VET is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for VET suggests some volalility. |
| Average Directional Index/ADX (14) | 39.11 | POSITIVE | The high ADX value value for VET suggests a strong trend. |
VET Chart- and CandleStick Pattern Analysis
VET Technicals: Chart, Performance Metrics, Trend & Indicators
13.75
+0.37 (+2.77%)
VERMILION ENERGY INC / VET TA FAQ
What is the technical rating for VET stock?
ChartMill assigns a technical rating of 10 / 10 to VET.
What is the current trend direction of VERMILION ENERGY INC (VET) stock?
The current trend direction for VERMILION ENERGY INC (VET) is Bullish.
Can you provide the RSI signal for VERMILION ENERGY INC?
VERMILION ENERGY INC (VET) has an RSI value of 62.409. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for VERMILION ENERGY INC?
The buy/sell signal for VERMILION ENERGY INC (VET) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for VERMILION ENERGY INC (VET) stock?
VERMILION ENERGY INC (VET) has a support level at 12.88. Check the full technical report for our detailed analysis of VET support and resistance levels.