VIPER ENERGY INC. - Daily - Technical analysis published on 12/27/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
72%
6%
22%
My opinion
Bullish above 24.28 USD
My targets
26.87 USD (+5.62%)
30.27 USD (+18.99%)
My analysis
The strong short-term increase in VIPER ENERGY PARTNERS LP calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 24.28 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 26.87 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 30.27 USD as an objective. Crossing it would then enable buyers to target 32.25 USD. Caution, a return under 24.28 USD could jeopardize the reversal.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
2.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VIPER ENERGY PARTNERS LP rating is 25.44 USD. The price registered an increase of +0.51% on the session and was traded between 25.32 USD and 25.80 USD over the period. The price is currently at +0.47% from its lowest and -1.40% from its highest.25.32
25.80
25.44
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VIPER ENERGY PARTNERS LP:
Technical
A technical analysis in Daily of this VIPER ENERGY PARTNERS LP chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 22.95 | 24.28 | 25.31 | 25.44 | 26.87 | 30.27 | 32.25 |
| Change (%) | -9.79% | -4.56% | -0.51% | - | +5.62% | +18.99% | +26.77% |
| Change | -2.49 | -1.16 | -0.13 | - | +1.43 | +4.83 | +6.81 |
| Level | Major | Intermediate | Major | - | Intermediate | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.75 | 24.97 | 25.14 | 25.36 | 25.53 | 25.75 | 25.92 |
| Camarilla | 25.20 | 25.24 | 25.27 | 25.31 | 25.35 | 25.38 | 25.42 |
| Woodie | 24.72 | 24.96 | 25.11 | 25.35 | 25.51 | 25.74 | 25.90 |
| Fibonacci | 24.97 | 25.12 | 25.21 | 25.36 | 25.51 | 25.60 | 25.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.32 | 23.83 | 24.44 | 24.95 | 25.56 | 26.07 | 26.68 |
| Camarilla | 24.73 | 24.84 | 24.94 | 25.04 | 25.14 | 25.25 | 25.35 |
| Woodie | 23.36 | 23.86 | 24.48 | 24.98 | 25.60 | 26.10 | 26.72 |
| Fibonacci | 23.83 | 24.26 | 24.53 | 24.95 | 25.38 | 25.65 | 26.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.90 | 19.90 | 21.81 | 23.80 | 25.71 | 27.71 | 29.62 |
| Camarilla | 22.65 | 23.00 | 23.36 | 23.72 | 24.08 | 24.44 | 24.79 |
| Woodie | 17.86 | 19.88 | 21.77 | 23.78 | 25.67 | 27.69 | 29.58 |
| Fibonacci | 19.90 | 21.39 | 22.31 | 23.80 | 25.29 | 26.22 | 27.71 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 58.22 | |
| MACD (12,26,9): | 0.2200 | |
| Directional Movement: | 10.94 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 24.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.74 | |
| Elder Ray (13): | 0.64 | |
| Super Trend (3,10): | 23.50 | |
| Zig ZAG (10): | 25.44 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 81.97 | |
| TEMA (21): | 25.48 | |
| Williams %R (14): | -23.22 | |
| Chande Momentum Oscillator (20): | 0.53 | |
| Repulse (5,40,3): | 0.5000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 8.06 |
| MA7: | 25.13 | |
| MA20: | 24.66 | |
| MA50: | 24.71 | |
| MA100: | 26.71 | |
| MAexp7: | 25.16 | |
| MAexp20: | 24.77 | |
| MAexp50: | 25.13 | |
| MAexp100: | 26.30 | |
| Price / MA7: | +1.23% | |
| Price / MA20: | +3.16% | |
| Price / MA50: | +2.95% | |
| Price / MA100: | -4.75% | |
| Price / MAexp7: | +1.11% | |
| Price / MAexp20: | +2.70% | |
| Price / MAexp50: | +1.23% | |
| Price / MAexp100: | -3.27% |
News
The last news published on VIPER ENERGY PARTNERS LP at the time of the generation of this analysis was as follows:
- Consolidated Research: 2018 Summary Expectations for MYR Group, L.B. Foster, The Habit Restaurants, Viper Energy Partners LP, Twin Disc, and Dynavax Technologies — Fundamental Analysis, Key Performance Indications
- Viper Energy Partners LP to Host Earnings Call
- Investor Network: Viper Energy Partners LP to Host Earnings Call
- Investor Network: Viper Energy Partners LP to Host Earnings Call
-
Viper Energy Partners
This member declared not having a position on this financial instrument or a related financial instrument.
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