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 $114.45 and reclaim $214.48.

Invalidation Trigger

Lose $114.45 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 56.2, MACD 3.748

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $22.85 (12.71%)

Monthly

EMA Structure

Bullish
EMA 8$178.87Bullish
EMA 21$168.17Bullish
EMA 50$147.36Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.2 · MACD 3.748

Momentum is strong

Strength
Bullish
Volatility
ATR $22.85 · BB 50.56%

High volatility

Strength
Bearish
Volume
MFI 75.2 · OBV 82.03%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$114.45 - $214.48

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+32.04% · 2.5 ATR above latest close

$237.33
Nearest resistance

+19.33% · 1.5 ATR above · 34-bar high

$214.48
Current price

Price shown is delayed

$179.74
Nearest support

-36.33% · 2.9 ATR below · 34-bar low

$114.45
Deeper support zone

-49.04% · 3.9 ATR below latest close

$91.6
ATR zone

Latest close ± ATR14

$156.89 - $202.59

Indicators

Trend

Dow Theory Structure

Confirmation $214.48, invalidation $134.3

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

Trend strength is active

42.7 / 21.2 / 5.6Bullish
Supertrend (10,3)

Price is above Supertrend

$122.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$170.07 / $159.13Bullish
Donchian Channel (20)

20-period breakout channel position

65%Range

Volatility

ATR (14)

High volatility

$22.85 (12.71%)Bearish
Bollinger Bands (20,2)

Width 50.56%

72%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$217.64 / $119.74Bearish
ATR channel lower / upper

Current Volatility Envelope

$156.89 / $202.59Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.48Range
Support

Nearest Downside Decision Level

$114.45Range

Momentum

RSI (14)

Momentum is strong

56.2Bullish
MACD (12,26,9)

Histogram is positive

3.748Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.0 / 78.7Bearish
Williams %R (14)

Neutral zone

-40.0Range
CCI (20)

Strong expansion

115.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 11Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

75.2Bullish
OBV slope

20-period OBV slope

82.03%Bullish
Volume ratio

Relative to 20-period average volume

1.01xRange

Trend

Dow Theory Structure

Confirmation $214.48, invalidation $134.3

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

Trend strength is active

42.7 / 21.2 / 5.6Bullish
Supertrend (10,3)

Price is above Supertrend

$122.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$170.07 / $159.13Bullish
Donchian Channel (20)

20-period breakout channel position

65%Range

Momentum

RSI (14)

Momentum is strong

56.2Bullish
MACD (12,26,9)

Histogram is positive

3.748Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.0 / 78.7Bearish
Williams %R (14)

Neutral zone

-40.0Range
CCI (20)

Strong expansion

115.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 11Bearish

Volatility

ATR (14)

High volatility

$22.85 (12.71%)Bearish
Bollinger Bands (20,2)

Width 50.56%

72%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$217.64 / $119.74Bearish
ATR channel lower / upper

Current Volatility Envelope

$156.89 / $202.59Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

75.2Bullish
OBV slope

20-period OBV slope

82.03%Bullish
Volume ratio

Relative to 20-period average volume

1.01xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.48Range
Support

Nearest Downside Decision Level

$114.45Range

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