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 59.8, MACD 3.931

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $25.75 (13.08%)

Monthly

EMA Structure

Bullish
EMA 8$189.67Bullish
EMA 21$175.99Bullish
EMA 50$155.52Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.8 · MACD 3.931

Momentum is strong

Strength
Bullish
Volatility
ATR $25.75 · BB 59.32%

High volatility

Strength
Bearish
Volume
MFI 72.5 · OBV 659.63%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$114 - $216.9

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+23.21% · 1.8 ATR above latest close

$242.65
Nearest resistance

+10.14% · 0.8 ATR above · 34-bar high

$216.9
Current price

Price shown is delayed

$196.94
Nearest support

-42.11% · 3.2 ATR below · 34-bar low

$114
Deeper support zone

-55.19% · 4.2 ATR below latest close

$88.25
ATR zone

Latest close ± ATR14

$171.19 - $222.69

Indicators

Trend

Dow Theory Structure

Confirmation $214.51, invalidation $170.1

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

Trend strength is active

40.7 / 17.7 / 7.1Bullish
Supertrend (10,3)

Price is above Supertrend

$112.95Bullish
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

$25.75 (13.08%)Bearish
Bollinger Bands (20,2)

Width 59.32%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$236.12 / $117.23Bearish
ATR channel lower / upper

Current Volatility Envelope

$171.19 / $222.69Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.9Range
Support

Nearest Downside Decision Level

$114Range

Momentum

RSI (14)

Momentum is strong

59.8Bullish
MACD (12,26,9)

Histogram is positive

3.931Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.8 / 81.1Bearish
Williams %R (14)

Neutral zone

-24.2Range
CCI (20)

Strong expansion

109.0Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

72.5Bullish
OBV slope

20-period OBV slope

659.63%Bullish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Trend

Dow Theory Structure

Confirmation $214.51, invalidation $170.1

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

Trend strength is active

40.7 / 17.7 / 7.1Bullish
Supertrend (10,3)

Price is above Supertrend

$112.95Bullish
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

59.8Bullish
MACD (12,26,9)

Histogram is positive

3.931Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.8 / 81.1Bearish
Williams %R (14)

Neutral zone

-24.2Range
CCI (20)

Strong expansion

109.0Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$25.75 (13.08%)Bearish
Bollinger Bands (20,2)

Width 59.32%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$236.12 / $117.23Bearish
ATR channel lower / upper

Current Volatility Envelope

$171.19 / $222.69Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

72.5Bullish
OBV slope

20-period OBV slope

659.63%Bullish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.9Range
Support

Nearest Downside Decision Level

$114Range

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