REPORTING FOR 2019-11-20 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how FANG has been trading over the last 2 weeks and the past day especially. On its latest session, Diamondback Energy, Inc. ($FANG) opened at 75.13, reaching a high of 75.43 and a low of 73.86 before closing at a price of 74.1. There was a total volume of 1239526.
VOLUME INDICATORS FOR DIAMONDBACK ENERGY, INC. ($FANG): We saw an accumulation-distribution index of 2717.714, an on-balance volume of 75.73, chaikin money flow of 9.46667 and a force index of 6.6378. There was an ease of movement rating of -0.00038, a volume-price trend of -14.37826 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR DIAMONDBACK ENERGY, INC. ($FANG): We noted an average true range of 2.39162, bolinger bands of 76.61647, an upper bollinger band of 72.54353, lower bollinger band of 73.86, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 74.80667, high band keltner channel of 74.50667, low band keltner channel of 75.10667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 73.86, a donchian channel low band of 73.86, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR DIAMONDBACK ENERGY, INC. ($FANG): We calculated a Moving Average Convergence Divergence (MACD) of 0.03231, a MACD signal of 0.01795, a MACD difference of 0.01436, a fast Exponential Moving Average (EMA) indicator of 73.86, a slow Exponential Moving Average (EMA) indicator of 73.86, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.12679, a trix of -14.6457, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 18.18489, a KST Oscillator (KST) of -197.56546 and a KST Oscillator (KST Signal) of -197.56546 (leaving a KST difference of 3.91114). We also found an Ichimoku rating of 75.28, an Ichimoku B rating of 75.28, a Ichimoku visual trend A of 92.13452, an Ichimoku visual trend B of 89.035, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR DIAMONDBACK ENERGY, INC. ($FANG): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 51.01613, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -9.44935, a stochastic oscillator of 523.33333, a stochastic oscillator signal of 523.33333, a Williams %R rating of 423.33333 and an awesome oscillator of 0.385.
RETURNS FOR DIAMONDBACK ENERGY, INC. ($FANG): There was a daily return of -19.75655, a daily log return of 1.93087 and a cumulative return of 1.94963.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-20 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Diamondback Energy, Inc. ($FANG)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Diamondback Energy, Inc. ($FANG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.