We assign a technical rating of 0 out of 10 to VNOM. VNOM'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.
Although the technical rating is bad, VNOM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 35.98, a Stop Loss order could be placed below this zone.
More info and screens
35.47
When analyzing the support we notice one important area.
- A support zone ranging from 35.83 to 35.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 37.04 to 38.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 39.23 to 40.32. 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 | DOWN | NEGATIVE | The long term trend for VNOM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VNOM is down. |
| ChartMill Relative Strength | 16.03 | NEGATIVE | VNOM has a low relative strength, it was outperformed by 83.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VNOM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VNOM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VNOM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.4 | NEUTRAL | The RSI value for VNOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests VNOM has a negative trend. |
| Stochastics (14,3) | 19.21 | OVERSOLD | The low Stochastics value suggests VNOM may be oversold. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for VNOM suggests some volalility. |
| Average Directional Index/ADX (14) | 9.53 | NEGATIVE | The low ADX value for VNOM suggests a weak or negative trend. |
35.99
+0.15 (+0.42%)
VIPER ENERGY INC-CL A / VNOM FAQ
What is the ChartMill technical rating of VIPER ENERGY INC-CL A (VNOM) stock?
ChartMill assigns a technical rating of 0 / 10 to VNOM.
Can you provide the trend direction for VIPER ENERGY INC-CL A?
The current trend direction for VIPER ENERGY INC-CL A (VNOM) is Bearish.
What is the RSI signal for VIPER ENERGY INC-CL A (VNOM) stock?
VIPER ENERGY INC-CL A (VNOM) has an RSI value of 41.3988. This indicates that the stock is currently neutral.
What is the buy/sell signal for VIPER ENERGY INC-CL A (VNOM) stock?
The buy/sell signal for VIPER ENERGY INC-CL A (VNOM) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for VIPER ENERGY INC-CL A?
VIPER ENERGY INC-CL A (VNOM) has a support level at 35.98 and a resistance level at 37.04. Check the full technical report for our detailed analysis of VNOM support and resistance levels.