VERMILION ENERGY INC (VET) Stock Technical Analysis
NYSE:VET - New York Stock Exchange, Inc. - CA9237251058 - Common Stock - Currency: USD
Taking everything into account, VET scores 2 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, VET is a bad performer in the overall market: 87% of all stocks are doing better.
VET is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 74% of 213 stocks in the same industry do better.
In the last month VET has a been trading in the 6.22 - 7.34 range, which is quite wide. It is currently trading near the high of this range.
VET has an average volume of 1589430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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.
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
6.32
8.61
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.73 to 6.81. 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 6.38 to 6.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.32 to 7.32. 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 | DOWN | NEGATIVE | The long term trend for VET is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VET is up. |
| ChartMill Relative Strength | 13.91 | NEGATIVE | VET has a low relative strength, it was outperformed by 86.09% 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) | 63.11 | NEUTRAL | The RSI value for VET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests VET has a positive trend. |
| Stochastics (14,3) | 91.52 | OVERBOUGHT | The high Stochastics value suggests VET may be overbought. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for VET suggests some volalility. |
| Average Directional Index/ADX (14) | 15.09 | 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)
7.31
+0.11 (+1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.53%
1 Week7.66%
2 Weeks14.4%
1 Month13.69%
3 Month-5.8%
6 Month-22.4%
12 Month-32.81%
2 Year-41.29%
3 Year-61.65%
5 Year63.9%
10 Year-83.07%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%3.94%
ATR Inc1.92%
Range Today0.22
ADR(20)0.25
ADR(20)%3.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.91
Mansfield-2.25
10 Day High7.35
10 Day Low6.37
20 Day High7.35
20 Day Low6.22
52 Week High11.52
52 Week Low5.14
CS1 End6.81
CR1 Start7.32
Volume & EV
DER(3)-1.3%
DER(5)-2.2%
Volume1.40M
Volume Incr14.01%
Vol(5)1.91M
Vol(50)1.59M