VITESSE ENERGY INC (VTS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VTS - US92852X1037 - Common Stock
Overall VTS gets a technical rating of 0 out of 10. VTS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of VTS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.20
We can see 4 important resistance areas.
- A resistance zone ranging from 21.03 to 21.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.09 to 22.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @25.99 from a trend line in the weekly time frame.
- Resistance @27.35 from a horizontal 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 VTS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VTS is down. |
| ChartMill Relative Strength | 16.65 | NEGATIVE | VTS has a low relative strength, it was outperformed by 83.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VTS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VTS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VTS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.09 | OVERSOLD | The low RSI value suggests VTS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests VTS has a negative trend. |
| Stochastics (14,3) | 7.93 | OVERSOLD | The low Stochastics value suggests VTS may be oversold. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for VTS suggests some volalility. |
| Average Directional Index/ADX (14) | 23.03 | NEUTRAL | The ADX value for VTS suggests a possible start of a new trend. |
19.39
-0.53 (-2.66%)
VITESSE ENERGY INC / VTS FAQ
What is the ChartMill technical rating of VITESSE ENERGY INC (VTS) stock?
ChartMill assigns a technical rating of 0 / 10 to VTS.
What is the trend direction for VTS stock?
The current trend direction for VITESSE ENERGY INC (VTS) is Bearish.
What is the RSI signal for VTS stock?
VITESSE ENERGY INC (VTS) has an RSI value of 29.0946. This indicates that the stock is currently oversold.
What is the short term momentum for VITESSE ENERGY INC (VTS) stock?
The short term momentum for VITESSE ENERGY INC (VTS) is negative.
What is the buy/sell signal for VITESSE ENERGY INC (VTS) stock?
The buy/sell signal for VITESSE ENERGY INC (VTS) is sell as both the short term and long term trends are negative.