VTTI ENERGY PARTNERS LP (VTTI) Stock Technical Analysis
NYSE:VTTI - New York Stock Exchange, Inc. - MHY9384M1012
We assign a technical rating of 5 out of 10 to VTTI. In the last year, VTTI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, VTTI 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 19.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.48, a Stop Loss order could be placed below this zone.
More info and screens
19.16
We found 1 important support area.
- A support zone ranging from 19.35 to 19.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 19.50 to 19.70. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for VTTI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VTTI is neutral. |
| ChartMill Relative Strength | 58.82 | NEUTRAL | VTTI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VTTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VTTI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VTTI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.43 | NEUTRAL | The RSI value for VTTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VTTI has a positive trend. |
| Stochastics (14,3) | 91.67 | OVERBOUGHT | The high Stochastics value suggests VTTI may be overbought. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for VTTI suggests low volalility. |
19.5
+0.05 (+0.26%)