US stock / ETF

Diamondback Energy, Inc.

FANG · NASDAQ · USD

1 weekBearish58%
Weekly Downside probability 58%Bearish

FANG 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $187.75 and stabilize above resistance $214.51.

Invalidation Trigger

Break above $214.51 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 51.5, MACD -0.940

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $15.22 (8.09%)

Weekly

EMA Structure

Bullish
EMA 8$192.41Bearish
EMA 21$187.75Bullish
EMA 50$176.55Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.5 · MACD -0.940

Neutral zone

Strength
Bearish
Volatility
ATR $15.22 · BB 19.31%

High volatility

Strength
Bearish
Volume
MFI 37.7 · OBV -24.63%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$139.41 - $214.51

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+22.17% · 2.7 ATR above latest close

$229.73
Nearest resistance

+14.08% · 1.7 ATR above · 34-bar high

$214.51
Current price

Price shown is delayed

$188.04
Nearest support

-25.86% · 3.2 ATR below · 34-bar low

$139.41
Deeper support zone

-33.96% · 4.2 ATR below latest close

$124.19
ATR zone

Latest close ± ATR14

$172.82 - $203.26

Indicators

Trend

Dow Theory Structure

Confirmation $170.1, invalidation $210.55

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

Trend strength is moderate

18.5 / 20.8 / 22.5Bearish
Supertrend (10,3)

Price is above Supertrend

$148.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$189.45 / $174.41Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Volatility

ATR (14)

High volatility

$15.22 (8.09%)Bearish
Bollinger Bands (20,2)

Width 19.31%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$217.01 / $159.41Bearish
ATR channel lower / upper

Current Volatility Envelope

$172.82 / $203.26Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.51Range
Support

Nearest Downside Decision Level

$139.41Range

Momentum

RSI (14)

Neutral zone

51.5Range
MACD (12,26,9)

Histogram is negative

-0.940Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.4 / 64.1Bearish
Williams %R (14)

Neutral zone

-59.6Range
CCI (20)

Balanced zone

-19.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.7Bearish
OBV slope

20-period OBV slope

-24.63%Bearish
Volume ratio

Relative to 20-period average volume

0.86xBearish

Trend

Dow Theory Structure

Confirmation $170.1, invalidation $210.55

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

Trend strength is moderate

18.5 / 20.8 / 22.5Bearish
Supertrend (10,3)

Price is above Supertrend

$148.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$189.45 / $174.41Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Momentum

RSI (14)

Neutral zone

51.5Range
MACD (12,26,9)

Histogram is negative

-0.940Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.4 / 64.1Bearish
Williams %R (14)

Neutral zone

-59.6Range
CCI (20)

Balanced zone

-19.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$15.22 (8.09%)Bearish
Bollinger Bands (20,2)

Width 19.31%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$217.01 / $159.41Bearish
ATR channel lower / upper

Current Volatility Envelope

$172.82 / $203.26Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.7Bearish
OBV slope

20-period OBV slope

-24.63%Bearish
Volume ratio

Relative to 20-period average volume

0.86xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.51Range
Support

Nearest Downside Decision Level

$139.41Range

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