US stock / ETF

Diamondback Energy, Inc.

FANG · NASDAQ · USD

1 hourRange52%
1h Range probability 96%Range

FANG 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Break either side of $190.92 - $213.31 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 47.2, MACD 0.734

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.25 (0.63%)

1h

EMA Structure

Bearish
EMA 8$195.55Bullish
EMA 21$196.75Bullish
EMA 50$200.02Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.2 · MACD 0.734

Neutral zone

Strength
Bullish
Volatility
ATR $1.25 · BB 2.54%

Low volatility

Strength
Bullish
Volume
MFI 86.3 · OBV 151.46%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$190.92 - $213.31

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.97% · 14.1 ATR above latest close

$214.56
Nearest resistance

+8.33% · 13.1 ATR above · 34-bar high

$213.31
Current price

Price shown is delayed

$196.9
Nearest support

-3.04% · 4.8 ATR below · 34-bar low

$190.92
Deeper support zone

-3.67% · 5.8 ATR below latest close

$189.67
ATR zone

Latest close ± ATR14

$195.65 - $198.15

Indicators

Trend

Dow Theory Structure

Confirmation $190.92, invalidation $195.92

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

Trend strength is active

35.1 / 27.2 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$192.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$197.77 / $202.11Bearish
Donchian Channel (20)

20-period breakout channel position

92%Bearish

Volatility

ATR (14)

Low volatility

$1.25 (0.63%)Bullish
Bollinger Bands (20,2)

Width 2.54%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$199.43 / $193.77Bullish
ATR channel lower / upper

Current Volatility Envelope

$195.65 / $198.15Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$213.31Range
Support

Nearest Downside Decision Level

$190.92Range

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is positive

0.734Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.5 / 90.7Bullish
Williams %R (14)

Overbought zone

-5.5Bearish
CCI (20)

Strong expansion

151.2Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

86.3Bullish
OBV slope

20-period OBV slope

151.46%Bullish
Volume ratio

Relative to 20-period average volume

2.59xBullish

Trend

Dow Theory Structure

Confirmation $190.92, invalidation $195.92

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

Trend strength is active

35.1 / 27.2 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$192.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$197.77 / $202.11Bearish
Donchian Channel (20)

20-period breakout channel position

92%Bearish

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is positive

0.734Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.5 / 90.7Bullish
Williams %R (14)

Overbought zone

-5.5Bearish
CCI (20)

Strong expansion

151.2Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$1.25 (0.63%)Bullish
Bollinger Bands (20,2)

Width 2.54%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$199.43 / $193.77Bullish
ATR channel lower / upper

Current Volatility Envelope

$195.65 / $198.15Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

86.3Bullish
OBV slope

20-period OBV slope

151.46%Bullish
Volume ratio

Relative to 20-period average volume

2.59xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$213.31Range
Support

Nearest Downside Decision Level

$190.92Range

Related Forecasts