VIPER ENERGY INC-CL A (VNOM) Stock Technical Analysis
NASDAQ:VNOM - US64361Q1013 - Common Stock
39.05 USD
+0.95 (+2.49%)
38.5 USD
-0.55 (-1.41%)
Overall VNOM gets a technical rating of 2 out of 10. In the past year, VNOM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
84% of all other stocks performed better in the past year than VNOM.
VNOM is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 76% are performing better than VNOM.
VNOM 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.
VNOM has an average volume of 2127400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month VNOM has a been trading in the 36.60 - 40.53 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, VNOM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 39.97. Right above this resistance zone may be a good entry point.
More info and screens
35.57
42.96
We found 1 important support area.
- A support zone ranging from 35.93 to 36.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 39.97 to 40.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 42.12 to 42.53. 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 | NEUTRAL | NEUTRAL | The short term trend for VNOM is neutral. |
| ChartMill Relative Strength | 16.13 | NEGATIVE | VNOM has a low relative strength, it was outperformed by 83.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VNOM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VNOM is above the rising 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) | 53.25 | NEUTRAL | The RSI value for VNOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests VNOM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.52 | NEUTRAL | The Stochastics value for VNOM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for VNOM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.11 | NEGATIVE | The low ADX value for VNOM suggests a weak or negative 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)
39.05
+0.95 (+2.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.49%
1 Week-0.56%
2 Weeks4.92%
1 Month1.91%
3 Month-5.52%
6 Month-5.59%
12 Month-14.36%
2 Year40.06%
3 Year36.25%
5 Year419.28%
10 Year173.27%
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%2.72%
ATR Inc61.97%
Range Today1.58
ADR(20)1.04
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.13
Mansfield-2.07
10 Day High40.53
10 Day Low36.97
20 Day High40.53
20 Day Low36.6
52 Week High56.76
52 Week Low34.71
CS1 End36.59
CR1 Start39.97
Volume & EV
DER(3)1.96%
DER(5)2.89%
Volume2.22M
Volume Incr-29.86%
Vol(5)1.92M
Vol(50)2.13M