Diversified Energy Company (DEC)

Diversified Energy Company is trading at $14.16, up 2.39% on the session. The 50 day average sits at $14.29 and the 200 day at $14.40, which puts the stock in a downtrend. RSI is at 45.7, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $13.47 with resistance near $14.13, so that band frames the current range. Average daily movement is roughly $0.39, or about 2.7% of the share price, which is what any stop placement has to allow for. The overall health score of 42 out of 100 combines a trend score of 7, momentum of 60 and a risk score of 71.

Diversified Energy Company, an independent energy company, engages in the production, transportation and marketing of natural gas, oil, and liquids primarily in the Appalachian and Central regions of the United States. It also operates in the Bossier and Haynesville shale formations and the Cotton Valley sandstones in East Texas and West Louisiana, the Barnett Shale in North Texas and the Mid-Continent producing areas across Central Texas, along with the Anadarko Basin across North Texas and Oklahoma and Permian Basin in West Texas and New Mexico. Diversified Energy Company was founded in 2001 and is headquartered in Birmingham, Alabama.