VITAL ENERGY INC (VTLE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VTLE - US5168062058 - Common Stock
Overall VTLE gets a technical rating of 6 out of 10. VTLE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, VTLE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 18.85. Right above this resistance zone may be a good entry point.
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14.49
4 important support areas can be observed.
- A support zone ranging from 16.55 to 16.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.02 from a trend line in the weekly time frame.
- A support zone ranging from 15.34 to 15.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.64 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.85 to 18.97. 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 VTLE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VTLE is up. |
| ChartMill Relative Strength | 17.31 | NEGATIVE | VTLE has a low relative strength, it was outperformed by 82.69% 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 | MIXED | The current price of VTLE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.18 | NEUTRAL | The RSI value for VTLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests VTLE has a negative trend. |
| Stochastics (14,3) | 64.73 | NEUTRAL | The Stochastics value for VTLE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for VTLE suggests some volalility. |
| Average Directional Index/ADX (14) | 26 | POSITIVE | The high ADX value value for VTLE suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.41 | 17.40 | 1.01 (5.49%) | 18.23% |
| An entry @18.41. This is a Buy Stop order right above the 10 day moving average. | An exit @17.40. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.01 points, which is 5.49%. | When investing 18.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of VTLE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
17.92
-0.18 (-0.99%)
VITAL ENERGY INC / VTLE FAQ
What is the ChartMill technical rating of VITAL ENERGY INC (VTLE) stock?
ChartMill assigns a technical rating of 6 / 10 to VTLE.
What is the trend direction for VTLE stock?
The current trend direction for VITAL ENERGY INC (VTLE) is Bearish.
What is the RSI signal for VTLE stock?
VITAL ENERGY INC (VTLE) has an RSI value of 53.1841. This indicates that the stock is currently neutral.
What is the short term momentum for VTLE stock?
The short term momentum for VITAL ENERGY INC (VTLE) is positive.
What is the support and resistance level for VTLE stock?
VITAL ENERGY INC (VTLE) has a support level at 16.78 and a resistance level at 18.85. Check the full technical report for our detailed analysis of VTLE support and resistance levels.