VITAL FARMS INC (VITL) Stock Technical Analysis
NASDAQ:VITL - Nasdaq - US92847W1036 - Common Stock - Currency: USD
Overall VITL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, VITL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, VITL did better than 90% of all other stocks. On top of that, VITL also shows a nice and consistent pattern of rising prices.
VITL is part of the Food Products industry. There are 89 other stocks in this industry. VITL outperforms 93% of them.
A new 52 week high is currently being made by VITL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month VITL has a been trading in the 35.25 - 46.40 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although VITL has an excellent technical rating, it 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
29.42
46.62
5 important support areas can be observed.
- A support zone ranging from 36.00 to 36.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @33.27 from a trend line in the weekly time frame.
- Support @31.39 from a trend line in the weekly time frame.
- Support @30.89 from a trend line in the daily time frame.
- Support @29.72 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.16 to 46.16. 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 | UP | POSITIVE | The long term trend for VITL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VITL is up. |
| ChartMill Relative Strength | 90.82 | POSITIVE | VITL has a high relative strength, it outperformed 90.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VITL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VITL is above 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) | 75.31 | OVERBOUGHT | The high RSI value suggests VITL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.93 | POSITIVE | The MACD value suggests VITL has a positive trend. |
| Stochastics (14,3) | 95.18 | OVERBOUGHT | The high Stochastics value suggests VITL may be overbought. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for VITL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.3 | 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)
46.15
+0.67 (+1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.47%
1 Week27.1%
2 Weeks27.17%
1 Month20.78%
3 Month28.91%
6 Month32.77%
12 Month48.63%
2 Year291.77%
3 Year256.37%
5 Year17.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.3
ATR(20)%4.26%
ATR Inc8.93%
Range Today2.31
ADR(20)1.84
ADR(20)%3.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.82
Mansfield2.01
10 Day High46.4
10 Day Low35.25
20 Day High46.4
20 Day Low35.25
52 Week High46.4
52 Week Low27.91
CS1 End36.51
CR1 Start46.16
Volume & EV
DER(3)9.63%
DER(5)8.53%
Volume1.64M
Volume Incr136.78%
Vol(5)1.78M
Vol(50)908.88K