VTTI ENERGY PARTNERS LP (VTTI) Stock Technical Analysis
NYSE:VTTI • MHY9384M1012
Overall VTTI gets a technical rating of 5 out of 10. VTTI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- VTTI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, VTTI outperforms 58% of them, which is more or less in line with the market.
- In the last month VTTI has a been trading in a tight range between 19.30 and 19.50.
Although the technical rating is only medium, VTTI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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
When analyzing the support we notice one important 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%)
VTTI ENERGY PARTNERS LP / VTTI FAQ
What is the technical rating for VTTI stock?
ChartMill assigns a technical rating of 5 / 10 to VTTI.
Can you provide the trend direction for VTTI ENERGY PARTNERS LP?
The current trend direction for VTTI ENERGY PARTNERS LP (VTTI) is Bullish.
What is the RSI signal for VTTI stock?
VTTI ENERGY PARTNERS LP (VTTI) has an RSI value of 55.4331. This indicates that the stock is currently neutral.
What is the MACD signal for VTTI stock?
The MACD indicator for VTTI ENERGY PARTNERS LP (VTTI) has a value of 0.0152767, indicating a bearish trend.
Can you provide the support and resistance levels for VTTI ENERGY PARTNERS LP?
VTTI ENERGY PARTNERS LP (VTTI) has a support level at 19.48 and a resistance level at 19.5. Check the full technical report for our detailed analysis of VTTI support and resistance levels.