Taking everything into account, VNOM scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. VNOM was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, VNOM does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 36.22, a Stop Loss order could be placed below this zone.
More info and screens
35.47
We found 1 important support area.
- A support zone ranging from 35.83 to 36.22. 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 39.35 to 39.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 40.31 to 41.43. 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 | NEUTRAL | NEUTRAL | The long term trend for VNOM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VNOM is neutral. |
| ChartMill Relative Strength | 22.99 | NEGATIVE | VNOM has a low relative strength, it was outperformed by 77.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VNOM is below 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) | 45.25 | NEUTRAL | The RSI value for VNOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests VNOM has a negative trend. |
| Stochastics (14,3) | 31.83 | NEUTRAL | The Stochastics value for VNOM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for VNOM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for VNOM suggests a possible start of a new trend. |
37.91
-0.32 (-0.84%)
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 4 / 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 45.2467. This indicates that the stock is currently neutral.
What are the support and resistance levels for VIPER ENERGY INC-CL A (VNOM) stock?
VIPER ENERGY INC-CL A (VNOM) has a support level at 36.22 and a resistance level at 39.35. Check the full technical report for our detailed analysis of VNOM support and resistance levels.