StockChartsAI.com
All Chart Prices Delayed at least 15 minutesBefore accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.
Stock Charts AI Power Rank: 1.3
Power Rank trend -> Rising
09/06/2024 16:24:00 EST
Diamondback Energy Inc (FANG)
Industry: Oil & Gas E&P
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, FANG has been trading in a range between $198.89 and $189.75 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
Diamondback Energy Inc $FANG entered a Red zone 7 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $180.5, a potential upside of 0.43% from the recent price of 179.73. The stock is trading 17.92% (potential upside) below its 52 week high of $211.94 and 33.38 % (potential downside) above its 52 week low of $134.75 - based on the recent price.
Company Summary
Diamondback Energy, Inc, an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico.
News
| 10 ‘enhanced value' stocks of companies expected to grow quickly through 2026 A narrowly focused screen of value stocks highlights stocks trading cheaply to book value, sales and earnings, but which are also expected to increase sales per share rapidly Source: Market Watch Thu, 05 Sep 2024 10:46:00 -0400 Sentiment: Positive |
| Why Is Diamondback (FANG) Down 1.2% Since Last Earnings Report? Diamondback (FANG) reported earnings 30 days ago. What's next for the stock? Source: Zacks Investment Research Wed, 04 Sep 2024 12:35:44 -0400 Sentiment: Negative |
| Why Diamondback Energy (FANG) is a Top Value Stock for the Long-Term The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. Source: Zacks Investment Research Wed, 04 Sep 2024 10:41:16 -0400 Sentiment: Positive |
| US Rig Count Declines: Are FANG and MTDR Still Worth Watching? In its weekly release, Baker Hughes Company BKR stated that the U.S. rig count was lower than the prior week's figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications. Source: Zacks Investment Research Mon, 02 Sep 2024 09:15:38 -0400 Sentiment: Neutral |
| 3 Top High-Yield Stocks to Buy in September Devon Energy is set to significantly increase its dividend in the coming years. Diamondback Energy's investment in the Permian Basin is attracting investor attention. Source: The Motley Fool Mon, 02 Sep 2024 06:45:00 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 211.945 52 Week Low: 134.7452 Beta: 1.883 50 Day MA: 197.987 200 Day MA: 183.3224 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.528 Qtr Revenue Growth YOY: 0.251 Forward PE: 9.2336 Trailing PE: 9.3028