US stock / ETF

Diamondback Energy, Inc.

FANG · NASDAQ · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

FANG 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $114 and reclaim $216.9.

Invalidation Trigger

Lose $114 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 60.2, MACD 4.193

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $25.47 (12.9%)

Monthly

EMA Structure

Bullish
EMA 8$186.62Bullish
EMA 21$173.5Bullish
EMA 50$153.66Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.2 · MACD 4.193

Momentum is strong

Strength
Bullish
Volatility
ATR $25.47 · BB 56.63%

High volatility

Strength
Bearish
Volume
MFI 78.8 · OBV 286.72%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$114 - $216.9

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+22.75% · 1.8 ATR above latest close

$242.37
Nearest resistance

+9.85% · 0.8 ATR above · 34-bar high

$216.9
Current price

Price shown is delayed

$197.45
Nearest support

-42.26% · 3.3 ATR below · 34-bar low

$114
Deeper support zone

-55.16% · 4.3 ATR below latest close

$88.53
ATR zone

Latest close ± ATR14

$171.98 - $222.92

Indicators

Trend

Dow Theory Structure

Confirmation $214.51, invalidation $134.3

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

41.4 / 17.9 / 7.6Bullish
Supertrend (10,3)

Price is above Supertrend

$113.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$171.8 / $160.31Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

High volatility

$25.47 (12.9%)Bearish
Bollinger Bands (20,2)

Width 56.63%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$232.59 / $115.67Bearish
ATR channel lower / upper

Current Volatility Envelope

$171.98 / $222.92Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.9Range
Support

Nearest Downside Decision Level

$114Range

Momentum

RSI (14)

Momentum is strong

60.2Bullish
MACD (12,26,9)

Histogram is positive

4.193Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.5 / 72.5Bullish
Williams %R (14)

Neutral zone

-23.5Range
CCI (20)

Strong expansion

122.9Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

78.8Bullish
OBV slope

20-period OBV slope

286.72%Bullish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Trend

Dow Theory Structure

Confirmation $214.51, invalidation $134.3

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

41.4 / 17.9 / 7.6Bullish
Supertrend (10,3)

Price is above Supertrend

$113.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$171.8 / $160.31Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

60.2Bullish
MACD (12,26,9)

Histogram is positive

4.193Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.5 / 72.5Bullish
Williams %R (14)

Neutral zone

-23.5Range
CCI (20)

Strong expansion

122.9Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$25.47 (12.9%)Bearish
Bollinger Bands (20,2)

Width 56.63%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$232.59 / $115.67Bearish
ATR channel lower / upper

Current Volatility Envelope

$171.98 / $222.92Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

78.8Bullish
OBV slope

20-period OBV slope

286.72%Bullish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.9Range
Support

Nearest Downside Decision Level

$114Range

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