VITAL FARMS INC (VITL) Technical Analysis
NASDAQ:VITL • US92847W1036
Taking everything into account, VITL scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, VITL is a bad performer in the overall market: 93% of all stocks are doing better.
- VITL is one of the lesser performing stocks in the Food Products industry. 75% of 88 stocks in the same industry do better.
- VITL is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month VITL has a been trading in the 19.68 - 28.97 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- VITL has an average volume of 1839260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of VITL 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
19.69
We can see 3 important resistance areas.
- Resistance @25.74 from a trend line in the daily time frame.
- Resistance @27.25 from a trend line in the daily time frame.
- Resistance @28.45 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 | 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 | 7.99 | NEGATIVE | VITL has a low relative strength, it was outperformed by 92.01% 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) | DOWN | NEGATIVE | The current price of VITL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VITL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.78 | OVERSOLD | The low RSI value suggests VITL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests VITL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.68 | OVERSOLD | The low Stochastics value suggests VITL may be oversold. |
| Average True Range in percent/ATR (20) | 7.2 | HIGH VOLATILITY | The high ATR as a percentage value for VITL suggests high volalility. |
| Average Directional Index/ADX (14) | 33.37 | POSITIVE | The high ADX value value for VITL suggests a strong trend. |
VITL Technicals: Chart, Performance Metrics, Trend & Indicators
19.89
-0.12 (-0.6%)
VITAL FARMS INC / VITL FAQ
What is the ChartMill technical rating of VITAL FARMS INC (VITL) stock?
ChartMill assigns a technical rating of 0 / 10 to VITL.
What is the trend direction for VITL stock?
The current trend direction for VITAL FARMS INC (VITL) is Bearish.
Can you provide the RSI signal for VITAL FARMS INC?
VITAL FARMS INC (VITL) has an RSI value of 22.7777. This indicates that the stock is currently oversold.
What is the short term momentum for VITAL FARMS INC (VITL) stock?
The short term momentum for VITAL FARMS INC (VITL) is negative.
What is the buy/sell signal for VITL stock?
The buy/sell signal for VITAL FARMS INC (VITL) is sell as both the short term and long term trends are negative.