Diamondback Energy, Inc. (FANG)

Diamondback Energy, Inc. is trading at $209.44, up 1.53% on the session. The 50 day average sits at $191.11 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 57.5, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $190.05 with resistance near $203.79, so that band frames the current range. Average daily movement is roughly $6.16, or about 2.9% of the share price, which is what any stop placement has to allow for. The overall health score of 71 out of 100 combines a trend score of 68, momentum of 81 and a risk score of 60.

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, the United States. The company primarily 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, both of which are part of the Permian Basin in West Texas and New Mexico. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.