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 4 out of 10 to VET. Recently some decent action could be observed, but in the medium term time frame this is still negative. VET was also a bad performer in the overall market in the last year.
81% of all other stocks performed better in the past year than VET.
VET is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 66% of 213 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month VET has a been trading in the 6.22 - 8.05 range, which is quite wide. It is currently trading near the high of this range.
VET has an average volume of 1633520 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 currently trading near new highs, so VET is lagging the market.
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
6.72
8.61
When analyzing the support we notice one important area.
- A support zone ranging from 6.79 to 6.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- 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 | 19.27 | NEGATIVE | VET has a low relative strength, it was outperformed by 80.73% 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) | DOWN | MIXED | The current price of VET is above a declining 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) | 72.33 | OVERBOUGHT | The high RSI value suggests VET may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests VET has a positive trend. |
| Stochastics (14,3) | 95.43 | OVERBOUGHT | The high Stochastics value suggests VET may be overbought. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for VET suggests some volalility. |
| Average Directional Index/ADX (14) | 19.09 | 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)
8.02
+0.38 (+4.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.97%
1 Week20.24%
2 Weeks22.44%
1 Month13.92%
3 Month3.35%
6 Month-14.86%
12 Month-26.29%
2 Year-35.58%
3 Year-57.92%
5 Year79.82%
10 Year-81.43%
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%3.55%
ATR Inc69.23%
Range Today0.4
ADR(20)0.26
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.27
Mansfield-1.54
10 Day High8.05
10 Day Low6.42
20 Day High8.05
20 Day Low6.22
52 Week High11.52
52 Week Low5.14
CS1 End6.83
CR1 Start8.52
Volume & EV
DER(3)7.51%
DER(5)3.61%
Volume1.83M
Volume Incr23.29%
Vol(5)2.06M
Vol(50)1.63M