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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Diamondback Energy, Inc. (NASDAQ:FANG)
Crossroads (-60) - FANG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Aug 1st, 2023 at 147.50
The intermediate-term trend has been DOWN since Jul 23rd, 2024 at 199.62
The short-term trend has been DOWN since Jul 19th, 2024 at 206.64
Smart Scan Analysis for FANG
Based on our trend formula, FANG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 199.52 | 201.32 | 197.73 | 200.83 | +1.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 199.80 | 639766 | 2024-07-26 15:59:45 |
| Year High | 140.78 | Year High Date | 2018-10-03 |
| Year Low | 103.51 | Year Low Date | 2018-11-23 |
| 52wk High | 214.5 | 52wk High Date | 2024-07-17 |
| 52wk Low | 142.71 | 52wk Low Date | 2023-07-28 |
| Year End Close | 19.12 | Average Volume | 1,176,750 |
| Shares Outstanding | 178,344 | Short Interest | 408,441 |
| % Institutional | 69.8 | Market Cap | 16,095M |
| Assets | 296,900,000M | Liabilities | 127,400,000M |
| P/E Ratio | 11.269 | Volatility | 43.95 |