VITAL FARMS INC (VITL) Stock Technical Analysis
USA - NASDAQ:VITL - US92847W1036 - Common Stock
41.98 USD
+0.42 (+1.01%)
42.03 USD
+0.05 (+0.12%)
We assign a technical rating of 4 out of 10 to VITL. In the last year, VITL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
VITL is one of the better performing stocks in the Food Products industry, it outperforms 82% of 87 stocks in the same industry.
In the last month VITL has a been trading in the 37.69 - 46.94 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
VITL has an average volume of 1096270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, VITL turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
VITL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VITL is lagging the market.
VITL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 41.97, a Stop Loss order could be placed below this zone.
More info and screens
32.06
45.07
When analyzing the support we can see 4 important areas.
- A support zone ranging from 41.31 to 41.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.65 from a horizontal line in the daily time frame.
- Support @35.23 from a trend line in the weekly time frame.
- Support @32.38 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 42.48 to 43.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.62 from a horizontal line 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 | UP | POSITIVE | The long term trend for VITL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VITL is down. |
| ChartMill Relative Strength | 66.38 | NEUTRAL | VITL is not amongst the best or worst performers 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 | POSITIVE | The current price of VITL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.71 | NEUTRAL | The RSI value for VITL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests VITL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.93 | NEUTRAL | The Stochastics value for VITL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for VITL suggests some volalility. |
| Average Directional Index/ADX (14) | 28.68 | POSITIVE | The high ADX value value for VITL suggests a strong 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)
41.98
+0.42 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.01%
1 Week-4.22%
2 Weeks2.02%
1 Month-10.78%
3 Month12.25%
6 Month27.25%
12 Month4.04%
2 Year279.57%
3 Year217.07%
5 Year21.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.81
ATR(20)%4.23%
ATR Inc3.3%
Range Today1.39
ADR(20)1.69
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.38
Mansfield0.19
10 Day High45.16
10 Day Low37.69
20 Day High46.94
20 Day Low37.69
52 Week High53.13
52 Week Low27.91
CS1 End41.97
CR1 Start42.48
Volume & EV
DER(3)-1.18%
DER(5)0.39%
Volume844.80K
Volume Incr-20.33%
Vol(5)815.76K
Vol(50)1.10M