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Diamondback Ener Down 3.2% Since SmarTrend Downtrend Call (FANG)

Aug 14, 2019 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Diamondback Ener (NASDAQ:FANG) on July 17th, 2019 at $103.27. In approximately 4 weeks, Diamondback Ener has returned 3.22% as of today's recent price of $99.94.

In the past 52 weeks, Diamondback Ener share prices have been bracketed by a low of $85.19 and a high of $140.78 and are now at $100.22, 18% above that low price. The 200-day and 50-day moving averages have moved 0.4% lower and 0.22% lower over the past week, respectively.

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Diamondback Ener.

Log in and add Diamondback Ener (FANG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

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