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Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Diamondback Energy, Inc. (NASDAQ:FANG)
Bear Market Rally (-75) - FANG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FANG as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FANG?
MarketClub looks at technical strength and momentum to determine if the timing is right for FANG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FANG
The long-term trend has been DOWN since Mar 13th, 2023 at 128.08
The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 139.77
The short-term trend has been UP since Mar 21st, 2023 at 126.88
Smart Scan Analysis for FANG
Based on our trend formula, FANG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 128.50 | 130.65 | 128.36 | 129.54 | +3.93 |
| Prev. Close | Volume | Bid | Ask | Time |
| 125.61 | 975011 | 2023-03-21 12:23:12 |
| Year High | 140.78 | Year High Date | 2018-10-03 |
| Year Low | 103.51 | Year Low Date | 2018-11-23 |
| 52wk High | 168.95 | 52wk High Date | 2022-11-15 |
| 52wk Low | 103.71 | 52wk Low Date | 2022-07-14 |
| Year End Close | 19.12 | Average Volume | 3,046,249 |
| Shares Outstanding | 183,590 | Short Interest | 408,441 |
| % Institutional | 69.8 | Market Cap | 16,095M |
| Assets | 262,090,000M | Liabilities | 112,000,000M |
| P/E Ratio | 5.104 | Volatility | 43.95 |