VITESSE ENERGY INC (VTS) Stock Technical Analysis
NYSE:VTS - New York Stock Exchange, Inc. - US92852X1037 - Common Stock - Currency: USD
Overall VTS gets a technical rating of 3 out of 10. VTS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
66% of all other stocks performed better in the past year than VTS.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
VTS is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 52% of 210 stocks in the same industry.
VTS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VTS is lagging the market.
In the last month VTS has a been trading in the 21.84 - 24.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VTS has a bad technical rating, but it does show a decent setup pattern. 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 23.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.28, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
20.07
27.30
3 important support areas can be observed.
- A support zone ranging from 22.49 to 23.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.09 from a horizontal line in the daily time frame.
- A support zone ranging from 20.27 to 20.42. This zone is formed by a combination of multiple trend lines in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 23.59 to 23.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.40 to 24.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 25.14 to 25.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @27.03 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 | NEUTRAL | NEUTRAL | The long term trend for VTS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VTS is neutral. |
| ChartMill Relative Strength | 34.37 | NEUTRAL | VTS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VTS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VTS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VTS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.2 | NEUTRAL | The RSI value for VTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests VTS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.64 | NEUTRAL | The Stochastics value for VTS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for VTS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.91 | NEGATIVE | The low ADX value for VTS 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)
23.37
+0.43 (+1.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.87%
1 Week-0.76%
2 Weeks0.73%
1 Month-0.85%
3 Month10.76%
6 Month-14.55%
12 Month-9.14%
2 Year-7.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%2.73%
ATR Inc-12.99%
Range Today0.73
ADR(20)0.64
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.37
Mansfield-1.19
10 Day High24
10 Day Low22.6
20 Day High24
20 Day Low21.84
52 Week High28.41
52 Week Low18.9
CS1 End23.28
CR1 Start23.59
Volume & EV
DER(3)-1.38%
DER(5)1.02%
Volume328.60K
Volume Incr-42.78%
Vol(5)242.39K
Vol(50)358.28K