VIPER ENERGY INC (VNOM) Stock Technical Analysis
NASDAQ:VNOM - Nasdaq - US9279591062 - Common Stock - Currency: USD
Overall VNOM gets a technical rating of 1 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, VNOM is a bad performer in the overall market: 75% of all stocks are doing better.
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.
In the last month VNOM has a been trading in the 37.80 - 43.12 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.
VNOM has an average volume of 1256570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VNOM is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, VNOM did better than 53% of them.
The technical rating of VNOM 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
37.19
51.69
When analyzing the support we notice one important area.
- A support zone ranging from 37.57 to 38.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 40.57 to 43.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @51.18 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 VNOM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VNOM is down. |
| ChartMill Relative Strength | 25.52 | NEGATIVE | VNOM has a low relative strength, it was outperformed by 74.48% 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) | UP | MIXED | The current price of VNOM is below 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) | 36.15 | NEUTRAL | The RSI value for VNOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests VNOM has a negative trend. |
| Stochastics (14,3) | 7.59 | OVERSOLD | The low Stochastics value suggests VNOM may be oversold. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for VNOM suggests some volalility. |
| Average Directional Index/ADX (14) | 18 | 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)
38.07
-0.52 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.35%
1 Week-8.77%
2 Weeks-7.57%
1 Month-5.16%
3 Month-13.85%
6 Month-20.77%
12 Month1.44%
2 Year41.89%
3 Year42.69%
5 Year267.47%
10 Year93.35%
15 YearN/A
Volatility
ATR(14)1.25
ATR(20)%3.46%
ATR Inc-45.11%
Range Today0.59
ADR(20)1.27
ADR(20)%3.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.52
Mansfield-2.11
10 Day High43.12
10 Day Low37.8
20 Day High43.12
20 Day Low37.8
52 Week High56.76
52 Week Low34.71
CS1 End38
CR1 Start40.57
Volume & EV
DER(3)-2.09%
DER(5)-1.57%
Volume1.55M
Volume Incr9.78%
Vol(5)1.61M
Vol(50)1.26M