VITAL ENERGY INC (VTLE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VTLE - US5168062058 - Common Stock
Overall VTLE gets a technical rating of 4 out of 10. In the past year, VTLE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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. There is a resistance zone just above the current price starting at 17.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.26, a Stop Loss order could be placed below this zone.
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14.49
When analyzing the support we can see 5 important areas.
- A support zone ranging from 16.96 to 17.26. 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 16.45 to 16.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.88 from a trend line in the weekly time frame.
- Support @15.32 from a trend line in the daily time frame.
- A support zone ranging from 14.64 to 15.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @17.87 from a trend line in the daily time frame.
- A resistance zone ranging from 18.18 to 18.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.10 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 | 13.6 | NEGATIVE | VTLE has a low relative strength, it was outperformed by 86.4% 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) | 55.88 | NEUTRAL | The RSI value for VTLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests VTLE has a positive trend. |
| Stochastics (14,3) | 62.03 | NEUTRAL | The Stochastics value for VTLE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for VTLE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.64 | NEGATIVE | The low ADX value for VTLE suggests a weak or negative trend. |
17.36
-0.08 (-0.46%)
VITAL ENERGY INC / VTLE FAQ
What is the ChartMill technical rating of VITAL ENERGY INC (VTLE) stock?
ChartMill assigns a technical rating of 4 / 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 55.8768. 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 17.26 and a resistance level at 17.87. Check the full technical report for our detailed analysis of VTLE support and resistance levels.