Crassus Investments Pty Ltd
Australia
5m
$VNOM (VIPER ENERGY INC-CL A) is gaining momentum after the take over news of Sitio. Looking to break through the 200 day MA. Here's what I see: Viper Energy, a royalty interest company in U.S. oil and gas production, has recently shown signs of renewed momentum after a prolonged consolidation period. The stock has climbed back above $40, advancing +2.65% in the latest session, and is now testing its 200-day moving average near $42.66. This is a critical level technically: a clean break higher would confirm a shift back to bullish territory after months of sideways trading. From a momentum perspective, the Relative Strength Index (RSI) is flashing strength. The RSI has risen to 65, its highest level in nearly a year, and is trending upward with room before hitting the overbought threshold at 70. This indicates improving buying pressure and the potential for further upside in the short to medium term. Importantly, this push higher is happening after VNOM spent much of the spring and summer languishing in the $36–38 range. The recent breakout suggests investors are re-rating the stock on both sector sentiment and fundamental oil price resilience. With a trailing P/E ratio of 11.6, Viper still trades at an attractive valuation compared to the broader energy space. As a mineral and royalty interest company, its business model offers leveraged exposure to oil and gas prices without the heavy capex burden faced by producers. That makes it particularly interesting for momentum traders looking for a clean, capital-light way to ride energy strength. If VNOM can close convincingly above the 200-day average, it opens the path toward the $46–48 range, levels last seen earlier this year. Take Care & DYODD Benjamin
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