US stock / ETF

Diamondback Energy, Inc.

FANG · NASDAQ · USD

1 weekBullish57%
Weekly Upside probability 57%Bullish

FANG 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $151.07 and reclaim $216.9.

Invalidation Trigger

Lose $151.07 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 52.9, MACD -0.454

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $14.04 (7.13%)

Weekly

EMA Structure

Bullish
EMA 8$199.18Bearish
EMA 21$193.81Bullish
EMA 50$181.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.9 · MACD -0.454

Neutral zone

Strength
Range
Volatility
ATR $14.04 · BB 19.65%

High volatility

Strength
Bearish
Volume
MFI 30.5 · OBV -14.98%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$151.07 - $216.9

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+17.27% · 2.4 ATR above latest close

$230.94
Nearest resistance

+10.14% · 1.4 ATR above · 34-bar high

$216.9
Current price

Price shown is delayed

$196.94
Nearest support

-23.29% · 3.3 ATR below · 34-bar low

$151.07
Deeper support zone

-30.42% · 4.3 ATR below latest close

$137.03
ATR zone

Latest close ± ATR14

$182.9 - $210.98

Indicators

Trend

Dow Theory Structure

Confirmation $216.9, invalidation $184.8

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

Trend strength is moderate

13.6 / 24.8 / 21.1Bullish
Supertrend (10,3)

Price is above Supertrend

$157.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$197.17 / $176.52Bearish
Donchian Channel (20)

20-period breakout channel position

57%Bullish

Volatility

ATR (14)

High volatility

$14.04 (7.13%)Bearish
Bollinger Bands (20,2)

Width 19.65%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$223.74 / $164.8Bearish
ATR channel lower / upper

Current Volatility Envelope

$182.9 / $210.98Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.9Range
Support

Nearest Downside Decision Level

$151.07Range

Momentum

RSI (14)

Neutral zone

52.9Range
MACD (12,26,9)

Histogram is negative

-0.454Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.4 / 64.7Bearish
Williams %R (14)

Neutral zone

-42.6Range
CCI (20)

Balanced zone

46.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.5Bearish
OBV slope

20-period OBV slope

-14.98%Bearish
Volume ratio

Relative to 20-period average volume

2.45xBullish

Trend

Dow Theory Structure

Confirmation $216.9, invalidation $184.8

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

Trend strength is moderate

13.6 / 24.8 / 21.1Bullish
Supertrend (10,3)

Price is above Supertrend

$157.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$197.17 / $176.52Bearish
Donchian Channel (20)

20-period breakout channel position

57%Bullish

Momentum

RSI (14)

Neutral zone

52.9Range
MACD (12,26,9)

Histogram is negative

-0.454Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.4 / 64.7Bearish
Williams %R (14)

Neutral zone

-42.6Range
CCI (20)

Balanced zone

46.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$14.04 (7.13%)Bearish
Bollinger Bands (20,2)

Width 19.65%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$223.74 / $164.8Bearish
ATR channel lower / upper

Current Volatility Envelope

$182.9 / $210.98Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

30.5Bearish
OBV slope

20-period OBV slope

-14.98%Bearish
Volume ratio

Relative to 20-period average volume

2.45xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.9Range
Support

Nearest Downside Decision Level

$151.07Range

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