VERMILION ENERGY INC (VET) Stock Technical Analysis
NYSE:VET - New York Stock Exchange, Inc. - CA9237251058 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to VET. VET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
75% of all other stocks performed better in the past year than VET.
In the last month VET has a been trading in the 7.38 - 8.61 range, which is quite wide. It is currently trading near the lows of this range.
VET has an average volume of 1245570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
VET is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 41% of 208 stocks in the same industry.
VET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VET is lagging the market.
The technical rating of VET is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.43
8.69
When analyzing the support we notice one important area.
- A support zone ranging from 7.50 to 7.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.02 to 8.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.33 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 8.47 to 8.60. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for VET is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VET is neutral. |
| ChartMill Relative Strength | 25.72 | NEGATIVE | VET has a low relative strength, it was outperformed by 74.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VET is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VET is below 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) | 40.46 | NEUTRAL | The RSI value for VET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests VET has a negative trend. |
| Stochastics (14,3) | 12.24 | OVERSOLD | The low Stochastics value suggests VET may be oversold. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for VET suggests some volalility. |
| Average Directional Index/ADX (14) | 16.07 | NEGATIVE | The low ADX value for VET suggests a weak or negative 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)
7.51
-0.32 (-4.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.09%
1 Week-5.53%
2 Weeks-9.74%
1 Month-4.57%
3 Month16.8%
6 Month-17.02%
12 Month-24.22%
2 Year-48.38%
3 Year-71.88%
5 Year89.65%
10 Year-78.31%
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%3.75%
ATR Inc78.79%
Range Today0.6
ADR(20)0.27
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.72
Mansfield-1.99
10 Day High8.61
10 Day Low7.38
20 Day High8.61
20 Day Low7.38
52 Week High10.85
52 Week Low5.14
CS1 End7.5
CR1 Start8.02
Volume & EV
DER(3)-3.01%
DER(5)-1.3%
Volume1.40M
Volume Incr-11.66%
Vol(5)885.84K
Vol(50)1.25M