US stock / ETF

Diamondback Energy, Inc.

FANG · NASDAQ · USD

1 weekBearish67%
Weekly Downside probability 67%Bearish

FANG 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $184.3 and stabilize above resistance $214.31.

Invalidation Trigger

Break above $214.31 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 49.3, MACD -2.646

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $16.3 (9.07%)

Weekly

EMA Structure

Bullish
EMA 8$188.75Bearish
EMA 21$184.3Bearish
EMA 50$172.45Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.3 · MACD -2.646

Neutral zone

Strength
Bearish
Volatility
ATR $16.3 · BB 21.43%

High volatility

Strength
Bearish
Volume
MFI 36.7 · OBV -1.71%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$137.06 - $214.31

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+28.3% · 3.1 ATR above latest close

$230.61
Nearest resistance

+19.23% · 2.1 ATR above · 34-bar high

$214.31
Current price

Price shown is delayed

$179.74
Nearest support

-23.75% · 2.6 ATR below · 34-bar low

$137.06
Deeper support zone

-32.82% · 3.6 ATR below latest close

$120.75
ATR zone

Latest close ± ATR14

$163.44 - $196.04

Indicators

Trend

Dow Theory Structure

Confirmation $211.58, invalidation $170.69

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

37.1 / 18.4 / 21.0Bearish
Supertrend (10,3)

Price is above Supertrend

$139.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$186.86 / $174.31Bearish
Donchian Channel (20)

20-period breakout channel position

33%Range

Volatility

ATR (14)

High volatility

$16.3 (9.07%)Bearish
Bollinger Bands (20,2)

Width 21.43%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$214.57 / $155.16Bearish
ATR channel lower / upper

Current Volatility Envelope

$163.44 / $196.04Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.31Range
Support

Nearest Downside Decision Level

$137.06Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-2.646Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.7 / 33.2Bearish
Williams %R (14)

Neutral zone

-79.3Range
CCI (20)

Balanced zone

-43.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

36.7Bearish
OBV slope

20-period OBV slope

-1.71%Bearish
Volume ratio

Relative to 20-period average volume

0.95xRange

Trend

Dow Theory Structure

Confirmation $211.58, invalidation $170.69

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

37.1 / 18.4 / 21.0Bearish
Supertrend (10,3)

Price is above Supertrend

$139.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$186.86 / $174.31Bearish
Donchian Channel (20)

20-period breakout channel position

33%Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-2.646Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.7 / 33.2Bearish
Williams %R (14)

Neutral zone

-79.3Range
CCI (20)

Balanced zone

-43.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$16.3 (9.07%)Bearish
Bollinger Bands (20,2)

Width 21.43%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$214.57 / $155.16Bearish
ATR channel lower / upper

Current Volatility Envelope

$163.44 / $196.04Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.7Bearish
OBV slope

20-period OBV slope

-1.71%Bearish
Volume ratio

Relative to 20-period average volume

0.95xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.31Range
Support

Nearest Downside Decision Level

$137.06Range

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