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Diamondback Ener Has Returned 40.6% Since SmarTrend Recommendation (FANG)

Jan 13, 2018 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Diamondback Ener (NYSE:FANG) on September 5th, 2017 at $92.55. In approximately 4 months, Diamondback Ener has returned 40.62% as of today's recent price of $130.14.

In the past 52 weeks, Diamondback Ener share prices have been bracketed by a low of $82.77 and a high of $132.07 and are now at $130.14, 57% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.5%.

Diamondback Energy Inc is an independent oil and natural gas company currently focused on the acquisition, development, exploration and exploitation of unconventional, 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 shifts in the trajectory of Diamondback Ener shares.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 Chip Brian at cbrian@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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