VITAL ENERGY INC (VTLE) Stock Technical Analysis
NYSE:VTLE - New York Stock Exchange, Inc. - US5168062058 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to VTLE. Recently some decent action could be observed, but in the medium term time frame this is still negative. VTLE was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, VTLE is a bad performer in the overall market: 91% of all stocks are doing better.
VTLE is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, of which 85% are performing better than VTLE.
VTLE 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 VTLE has a been trading in the 15.85 - 19.11 range, which is quite wide. It is currently trading near the high of this range.
VTLE has an average volume of 1288880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is only medium, VTLE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.92. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for VTLE in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.93
26.10
We found 3 important support areas.
- A support zone ranging from 17.31 to 17.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.49 to 16.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.09 to 16.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 18.92 to 18.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.74 from a trend line in the daily time frame.
- Resistance @22.22 from a trend line in the weekly time frame.
- Resistance @25.84 from a trend line in the weekly 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 VTLE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VTLE is up. |
| ChartMill Relative Strength | 9.86 | NEGATIVE | VTLE has a low relative strength, it was outperformed by 90.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VTLE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VTLE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VTLE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.34 | NEUTRAL | The RSI value for VTLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests VTLE has a positive trend. |
| Stochastics (14,3) | 78.36 | NEUTRAL | The Stochastics value for VTLE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for VTLE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.84 | NEGATIVE | The low ADX value for VTLE 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)
18.58
-0.15 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.8%
1 Week10.53%
2 Weeks-1.8%
1 Month12.54%
3 Month17.45%
6 Month-45.26%
12 Month-57.24%
2 Year-64.8%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%5.35%
ATR Inc1.95%
Range Today0.76
ADR(20)0.99
ADR(20)%5.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.86
Mansfield-3.46
10 Day High19.05
10 Day Low15.85
20 Day High19.11
20 Day Low15.85
52 Week High44.94
52 Week Low12.3
CS1 End17.4
CR1 Start18.92
Volume & EV
DER(3)3.72%
DER(5)1.6%
Volume921.30K
Volume Incr-15.8%
Vol(5)1.12M
Vol(50)1.29M