US stock / ETF

Diamondback Energy, Inc.

FANG · NASDAQ · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

FANG 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $189.41 and stabilize above resistance $213.31.

Invalidation Trigger

Break above $213.31 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 39.2, MACD -0.259

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $4.14 (2.25%)

Daily

EMA Structure

Bearish
EMA 8$185.13Bearish
EMA 21$189.41Bearish
EMA 50$193.25Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.2 · MACD -0.259

Momentum is weak

Strength
Bearish
Volatility
ATR $4.14 · BB 17.96%

Medium volatility

Strength
Range
Volume
MFI 40.6 · OBV -15.94%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$181.85 - $213.31

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+17.93% · 8.0 ATR above latest close

$217.45
Nearest resistance

+15.69% · 7.0 ATR above · 34-bar high

$213.31
Current price

Price shown is delayed

$184.38
Nearest support

-1.37% · 0.6 ATR below · 34-bar low

$181.85
Deeper support zone

-3.62% · 1.6 ATR below latest close

$177.71
ATR zone

Latest close ± ATR14

$180.24 - $188.52

Indicators

Trend

Dow Theory Structure

Confirmation $181.91, invalidation $191.4

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

30.5 / 17.0 / 28.0Bearish
Supertrend (10,3)

Price is above Supertrend

$173.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$191.89 / $199.38Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Medium volatility

$4.14 (2.25%)Range
Bollinger Bands (20,2)

Width 17.96%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$196.92 / $181.33Range
ATR channel lower / upper

Current Volatility Envelope

$180.24 / $188.52Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$213.31Range
Support

Nearest Downside Decision Level

$181.85Range

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-0.259Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.5 / 21.0Bullish
Williams %R (14)

Neutral zone

-73.5Range
CCI (20)

Balanced zone

-58.0Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.6Bearish
OBV slope

20-period OBV slope

-15.94%Bearish
Volume ratio

Relative to 20-period average volume

0.82xBearish

Trend

Dow Theory Structure

Confirmation $181.91, invalidation $191.4

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

30.5 / 17.0 / 28.0Bearish
Supertrend (10,3)

Price is above Supertrend

$173.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$191.89 / $199.38Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-0.259Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.5 / 21.0Bullish
Williams %R (14)

Neutral zone

-73.5Range
CCI (20)

Balanced zone

-58.0Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$4.14 (2.25%)Range
Bollinger Bands (20,2)

Width 17.96%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$196.92 / $181.33Range
ATR channel lower / upper

Current Volatility Envelope

$180.24 / $188.52Range

Volume / Money Flow

MFI (14)

Money flow is weak

40.6Bearish
OBV slope

20-period OBV slope

-15.94%Bearish
Volume ratio

Relative to 20-period average volume

0.82xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$213.31Range
Support

Nearest Downside Decision Level

$181.85Range

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