Marathon Oil Corp, Valero Energy Corp, Diamondback Energy Inc are at the top of this list of energy stocks on an uptrend.
Markets are mixed with Nasdaq drawing back 0.32% to 10,671. Dow Jones up to 32,964, gaining 0.13%.
What is an uptrend?
An uptrend describes the price movement of a continuously appreciative financial asset over a particular time frame. In an uptrend, each successive peak and trough is higher than the ones found earlier in the trend. The uptrend is therefore composed of higher swing lows and higher swing highs.
Marathon Oil currently on a 6 day uptrend; gains $1.16 (+5.35%)
After closing the previous trading day at $27.33, Marathon Oil is up to $27.57, which makes for a move of 0.88%/24 cents today.
| Valero | 5.23% ($4.72) appreciation over 6 days (78.6667 cents per day average)
After closing the previous trading day at $119.37, Valero is up to $120.65, which makes for a move of 1.07%/$1.28 today.
A 6 day uptrend, gaining 4.2%:
After closing the previous trading day at $134.32, Diamondback Energy is up to $135.04, which makes for a move of 0.54%/72 cents today.
EOG Resources currently on a 6 day uptrend; gains $4.1 (+4.07%)
After closing the previous trading day at $125.77, EOG Resources is up to $126.62, which makes for a move of 0.68%/85 cents today.