Diamondback Energy Stock Pattern Recognition Evening Star

FANG Stock  USD 179.55  5.74  3.10%   
Diamondback Energy pattern recognition tool provides the execution environment for running the Evening Star recognition and other technical functions against Diamondback Energy. Diamondback Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Evening Star recognition function is designed to identify and follow existing trends. Diamondback Energy momentum indicators are usually used to generate trading rules based on assumptions that Diamondback Energy trends in prices tend to continue for long periods. Please specify Penetration to run this model.

The output start index for this execution was twelve with a total number of output elements of fourty-nine. The function generated a total of one valid pattern recognition events for the selected time horizon. The Evening Star pattern describes Diamondback Energy trend having bearish reversal signal.

Diamondback Energy Technical Analysis Modules

Most technical analysis of Diamondback Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Diamondback from various momentum indicators to cycle indicators. When you analyze Diamondback charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Diamondback Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Diamondback Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Diamondback Energy based on widely used predictive technical indicators. In general, we focus on analyzing Diamondback Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Diamondback Energy's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Diamondback Energy's intrinsic value. In addition to deriving basic predictive indicators for Diamondback Energy, we also check how macroeconomic factors affect Diamondback Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01640.06510.05170.0543
Price To Sales Ratio2.82.53.323.15
Hype
Prediction
LowEstimatedHigh
177.44179.61181.78
Details
Intrinsic
Valuation
LowRealHigh
178.75180.92183.09
Details
Naive
Forecast
LowNextHigh
179.53181.70183.88
Details
28 Analysts
Consensus
LowTargetHigh
164.26180.50200.36
Details

Align your values with your investing style

In addition to having Diamondback Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Casinos Idea
Casinos
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Macroaxis Index Idea
Macroaxis Index
Invested few shares
Momentum Idea
Momentum
Invested over 60 shares
Business Services Idea
Business Services
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Video Games Idea
Video Games
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 50 shares
Manufacturing Idea
Manufacturing
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Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
ESG Investing Idea
ESG Investing
Invested few shares
When determining whether Diamondback Energy is a strong investment it is important to analyze Diamondback Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamondback Energy's future performance. For an informed investment choice regarding Diamondback Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondback Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamondback Energy. If investors know Diamondback will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamondback Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Dividend Share
8.29
Earnings Share
17.32
Revenue Per Share
49.46
Quarterly Revenue Growth
0.087
The market value of Diamondback Energy is measured differently than its book value, which is the value of Diamondback that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondback Energy's value that differs from its market value or its book value, called intrinsic value, which is Diamondback Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamondback Energy's market value can be influenced by many factors that don't directly affect Diamondback Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamondback Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondback Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondback Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.