VITAL ENERGY INC (VTLE) Stock Technical Analysis
NYSE:VTLE • US5168062058
Overall VTLE gets a technical rating of 6 out of 10. In the last year, VTLE was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, VTLE is a bad performer in the overall market: 83% of all stocks are doing better.
- VTLE is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, of which 84% 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month VTLE has a been trading in the 15.56 - 19.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, VTLE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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
When analyzing the support we can see 4 important areas.
- 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 | 17.42 | NEGATIVE | VTLE has a low relative strength, it was outperformed by 82.58% 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 worst case loss on the trade is limited to 1.01 points, which is 5.49%. | For a 1.00% total portfolio risk, you can invest 18.23% of your capital in this trade. |
- 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 current trend direction of VITAL ENERGY INC (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 MACD signal for VTLE stock?
The MACD indicator for VITAL ENERGY INC (VTLE) has a value of -0.0241757, indicating a bearish trend.