VITESSE ENERGY INC (VTS) Stock Technical Analysis
NYSE:VTS • US92852X1037
We assign a technical rating of 0 out of 10 to VTS. 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.
- 82% of all other stocks performed better in the past year than VTS.
- VTS is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, of which 88% are performing better than VTS.
- VTS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month VTS has a been trading in the 19.15 - 22.91 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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
18.76
We found 1 important support area.
- A support zone ranging from 18.95 to 19.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @22.09 from a horizontal line in the daily time frame.
- Resistance @22.55 from a trend line in the daily time frame.
- Resistance @25.56 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 | NEUTRAL | NEUTRAL | The long term trend for VTS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VTS is down. |
| ChartMill Relative Strength | 18.67 | NEGATIVE | VTS has a low relative strength, it was outperformed by 81.33% 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) | 38.63 | NEUTRAL | The RSI value for VTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests VTS has a negative trend. |
| Stochastics (14,3) | 8.85 | OVERSOLD | The low Stochastics value suggests VTS may be oversold. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for VTS suggests some volalility. |
| Average Directional Index/ADX (14) | 25 | POSITIVE | The high ADX value value for VTS suggests a strong trend. |
19.56
+0.25 (+1.29%)
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.
Can you provide the trend direction for VITESSE ENERGY INC?
The current trend direction for VITESSE ENERGY INC (VTS) is Bearish.
Can you provide the RSI signal for VITESSE ENERGY INC?
VITESSE ENERGY INC (VTS) has an RSI value of 38.6266. This indicates that the stock is currently neutral.
What are the support and resistance levels for VITESSE ENERGY INC (VTS) stock?
VITESSE ENERGY INC (VTS) has a support level at 19.09 and a resistance level at 22.09. Check the full technical report for our detailed analysis of VTS support and resistance levels.