RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of VET
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Stronger technical forecast for Vermilion Energy stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Vermilion Energy stock price gained 3.38% on the last trading day (Wednesday, 27th Mar 2024), rising from $11.84 to $12.24. During the last trading day the stock fluctuated 4.74% from a day low at $11.71 to a day high of $12.27. The price has risen in 5 of the last 10 days and is up by 7.37% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 260 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $16.37 million.

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $12.43 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Vermilion Energy stock with a 90% probability to be traded between $10.25 and $12.56 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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VET Signals & Forecast

The Vermilion Energy stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $11.95 and $11.21. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, February 05, 2024, and so far it has risen 21.67%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Vermilion Energy stock

Vermilion Energy finds support from accumulated volume at $11.85 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.555 between high and low, or 4.74%. For the last week, the stock has had daily average volatility of 3.42%.

Our recommended stop-loss: $11.78 (-3.72%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 36 days ago.)

Trading Expectations (VET) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Vermilion Energy Inc to open at $12.07, and during the day (based on 14 day Average True Range), to move between $11.85 and $12.63, which gives a possible trading interval of +/-$0.386 (+/-3.16%) up or down from last closing price. If Vermilion Energy Inc takes out the full calculated possible swing range there will be an estimated 6.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.30 (0.49%) than the support at $11.85 (3.19%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Vermilion Energy Inc stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Vermilion Energy stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 4.277 Buy Candidate Upgraded

Predicted Opening Price for Vermilion Energy Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$12.07 ( 1.38%) $12.24

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for VET

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.63 3.16 %
R2 12.41 1.43 %
R1 12.28 0.357 %
Current price: 12.24
Support S1 11.86 -3.11 %
S2 11.73 -4.18 %
S3 11.52 -5.91 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 12.30 0.490 %
Current price 12.24
Support S1 11.85 -3.19%
S2 11.27 -7.92%
S3 10.99 -10.21%

VET Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 08, 2024 Mar 27, 2024 Apr 15, 2024 $0.0889 0.727%
2 Nov 01, 2023 Dec 28, 2023 Jan 15, 2024 $0.0700 0.591%
3 Aug 02, 2023 Sep 28, 2023 Oct 16, 2023 $0.0749 0.496%
4 May 03, 2023 Jun 29, 2023 Jul 17, 2023 $0.0750 0.593%
5 Mar 08, 2023 Mar 30, 2023 Apr 17, 2023 $0.0740 0.545%

FAQ

What is the symbol for Vermilion Energy Stock and on which exchange is it traded?
The symbol for Vermilion Energy is VET and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Vermilion Energy Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Vermilion Energy stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Vermilion Energy Stock?
Vermilion Energy Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Vermilion Energy Stock.

What's the current price of Vermilion Energy Stock?
As of the end of day on the 2024-03-27, the price of an Vermilion Energy (VET) share was $12.24.

What is the 52-week high and low for Vermilion Energy Stock?
The 52-week high for Vermilion Energy Stock is $15.98 and the 52-week low is $9.82.

What is the market capitalization of Vermilion Energy Stock?
As of the 2024-03-27, the market capitalization of Vermilion Energy is 1.904B.

When is the next earnings date for Vermilion Energy?
The upcoming earnings date for Vermilion Energy is May 01, 2024.
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About Vermilion Energy Inc

Vermilion Energy Vermilion Energy Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. The company owns 81% working interest in 636,714 net acres of developed land and 85% working interest in 301,026 net acres of undeveloped land in Canada; 130,715 net acres of land in the Powder River basin in the United States; 96% working interest in 248,... VET Profile

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