VERMILION ENERGY INC (VET) Stock Technical Analysis
USA - NYSE:VET - CA9237251058 - Common Stock
7.82 USD
-0.23 (-2.86%)
7.89 USD
+0.07 (+0.9%)
Taking everything into account, VET scores 6 out of 10 in our technical rating. In the last year, VET was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, VET is a bad performer in the overall market: 82% of all stocks are doing better.
VET is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 64% of 211 stocks in the same industry do better.
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.
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.
In the last month VET has a been trading in the 7.22 - 8.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
VET has an average technical rating and it also does not offer a high 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
6.99
8.69
We found 3 important support areas.
- A support zone ranging from 7.59 to 7.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.19 to 7.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.06 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.57 to 8.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 18.56 | NEGATIVE | VET has a low relative strength, it was outperformed by 81.44% 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) | 50.66 | NEUTRAL | The RSI value for VET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests VET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.83 | NEUTRAL | The Stochastics value for VET is a neutral value. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for VET suggests some volalility. |
| Average Directional Index/ADX (14) | 20.11 | 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)
7.82
-0.23 (-2.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.86%
1 Week-2.98%
2 Weeks0.26%
1 Month1.03%
3 Month4.13%
6 Month27.99%
12 Month-24.15%
2 Year-46.51%
3 Year-63.49%
5 Year234.19%
10 Year-75.68%
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%3.87%
ATR Inc27.71%
Range Today0.25
ADR(20)0.28
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.56
Mansfield-1.5
10 Day High8.68
10 Day Low7.45
20 Day High8.68
20 Day Low7.22
52 Week High10.85
52 Week Low5.14
CS1 End7.74
CR1 Start8.57
Volume & EV
DER(3)3.85%
DER(5)2.59%
Volume1.64M
Volume Incr90.18%
Vol(5)1.73M
Vol(50)984.62K