Valero Energy Corporation (VLO)

Valero Energy Corporation is trading at $348.35, up 0.33% on the session. The 50 day average sits at $284.12 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 72.9, which reads as overbought, and MACD is bullish crossover. Volume is below average.

The nearest support is around $294.21 with resistance near $346.09, so that band frames the current range. Average daily movement is roughly $11.59, or about 3.3% of the share price, which is what any stop placement has to allow for. The overall health score of 72 out of 100 combines a trend score of 75, momentum of 77 and a risk score of 59.

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol. The company produces California Reformulated Gasoline Blendstock for Oxygenate Blending (CARBOB) and Conventional Blendstock for Oxygenate Blending (CBOB) gasolines, CARB diesel, diesel, jet fuel, heating oil, and asphalt; feedstocks; aromatics; sulfur and residual fuel oil; intermediate oils; and sulfur, sweet, and sour crude oils. It sells its refined products through wholesale rack and bulk markets; and through outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also owns and operates renewable diesel and ethanol plants, as well as produces and sells renewable diesel, renewable naphtha, and neat sustainable aviation fuel under the Diamond Green Diesel brand name. In addition, it offers ethanol and various co-products, including dry distillers grains, syrup, and inedible distillers corn oil to animal feed customers. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.