VITAL FARMS INC (VITL) Stock Technical Analysis
NASDAQ:VITL - Nasdaq - US92847W1036 - Common Stock - Currency: USD
Overall VITL gets a technical rating of 1 out of 10. VITL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, VITL is a bad performer in the overall market: 77% of all stocks are doing better.
VITL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
VITL is part of the Food Products industry. There are 89 other stocks in this industry, VITL did better than 46% of them.
In the last month VITL has a been trading in the 29.99 - 36.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, VITL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 32.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.64, a Stop Loss order could be placed below this zone.
More info and screens
29.42
44.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.28 to 30.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.72 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 32.73 to 34.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.81 to 36.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.74 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 VITL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VITL is down. |
| ChartMill Relative Strength | 23.03 | NEGATIVE | VITL has a low relative strength, it was outperformed by 76.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VITL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VITL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VITL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47 | NEUTRAL | The RSI value for VITL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VITL has a positive trend. |
| Stochastics (14,3) | 50.96 | NEUTRAL | The Stochastics value for VITL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for VITL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.85 | NEUTRAL | The ADX value for VITL 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)
32.19
+0.06 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.19%
1 Week5.47%
2 Weeks0.75%
1 Month-4.42%
3 Month4.04%
6 Month-14.32%
12 Month-20.3%
2 Year168.47%
3 Year267.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%3.43%
ATR Inc-1.71%
Range Today0.86
ADR(20)1.09
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.03
Mansfield-1.38
10 Day High32.97
10 Day Low29.99
20 Day High36.28
20 Day Low29.99
52 Week High48.41
52 Week Low27.91
CS1 End30.64
CR1 Start32.73
Volume & EV
DER(3)-0.45%
DER(5)0.58%
Volume561.30K
Volume Incr-20.32%
Vol(5)690.08K
Vol(50)820.20K