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VTS Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom VTS on July 11, 2024, netting in a 8.21% gain over 1 week

A.I.dvisor
at Tickeron.com
07/17/24
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+8.21% Gain from a Successful pattern Head-and-Shoulders Bottom
VTS - Vitesse Energy
Ticker: VTS
Company: Vitesse Energy
Gain: +8.21%
Confirmed: 07/11/24
Succeeded: 07/16/24
Total length: 11 days
On July 05, 2024, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for Vitesse Energy (VTS, $24.12). On July 11, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $26.16. 5 days later, on July 16, 2024, VTS reached the target price resulting in a for traders who took a long position in the stock.

VTS's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for VTS turned positive on October 02, 2024. Looking at past instances where VTS's MACD turned positive, the stock continued to rise in of 15 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on September 30, 2024. You may want to consider a long position or call options on VTS as a result. In of 28 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

VTS moved above its 50-day moving average on October 01, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for VTS crossed bullishly above the 50-day moving average on September 24, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VTS advanced for three days, in of 110 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 71 cases where VTS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where VTS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

VTS broke above its upper Bollinger Band on October 03, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 77%.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.258) is normal, around the industry mean (5.146). P/E Ratio (7.348) is within average values for comparable stocks, (19.593). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.525). Dividend Yield (0.086) settles around the average of (0.084) among similar stocks. P/S Ratio (2.948) is also within normal values, averaging (152.932).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. VTS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. VTS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock worse than average.

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VTS
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General Information

Industry OilGasProduction

Profile
Fundamentals
Details
Industry
N/A
Address
9200 East Mineral Avenue
Phone
+1 720 361-2500
Employees
36
Web
https://www.vitesse-vts.com