Stock Trend Analysis Report
Prepared for you on Tuesday, November 29, 2022.
Viper Energy Partners LP - Common Unit (NASDAQ:VNOM)
Sidelines Mode (-55) - VNOM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid VNOM?
MarketClub looks at technical strength and momentum to determine if the timing is right for VNOM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VNOM
The long-term trend has been UP since Oct 26th, 2022 at 33.81
The intermediate-term trend has been DOWN since Nov 17th, 2022 at 31.88
The short-term trend has been UP since Nov 22nd, 2022 at 32.67
Smart Scan Analysis for VNOM
Based on our trend formula, VNOM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||44||Year High Date||2018-10-04|
|Year Low||21.46||Year Low Date||2018-02-06|
|52wk High||36.1||52wk High Date||2022-11-08|
|52wk Low||19.19||52wk Low Date||2021-12-20|
|Average Volume||627,645||Shares Outstanding||164,895|