US stock / ETF

Diamondback Energy, Inc.

FANG · NASDAQ · USD

1 weekBearish74%
Weekly Downside probability 74%Bearish

FANG 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $191.35 and stabilize above resistance $216.9.

Invalidation Trigger

Break above $216.9 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 47.2, MACD -2.593

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $13.35 (7.24%)

Weekly

EMA Structure

Range
EMA 8$191.24Bearish
EMA 21$191.35Bearish
EMA 50$182.16Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.2 · MACD -2.593

Neutral zone

Strength
Bearish
Volatility
ATR $13.35 · BB 19.98%

High volatility

Strength
Bearish
Volume
MFI 31.6 · OBV -23.04%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$163.5 - $216.9

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+24.88% · 3.4 ATR above latest close

$230.25
Nearest resistance

+17.64% · 2.4 ATR above · 34-bar high

$216.9
Current price

Price shown is delayed

$184.38
Nearest support

-11.32% · 1.6 ATR below · 34-bar low

$163.5
Deeper support zone

-18.57% · 2.6 ATR below latest close

$150.15
ATR zone

Latest close ± ATR14

$171.03 - $197.73

Indicators

Trend

Dow Theory Structure

Confirmation $213.31, invalidation $184.8

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

Trend strength is moderate

13.8 / 26.1 / 16.7Bullish
Supertrend (10,3)

Price is above Supertrend

$147.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$196.44 / $176.97Bearish
Donchian Channel (20)

20-period breakout channel position

31%Range

Volatility

ATR (14)

High volatility

$13.35 (7.24%)Bearish
Bollinger Bands (20,2)

Width 19.98%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$216.71 / $166.47Bearish
ATR channel lower / upper

Current Volatility Envelope

$171.03 / $197.73Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.9Range
Support

Nearest Downside Decision Level

$163.5Range

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is negative

-2.593Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.8 / 31.5Bearish
Williams %R (14)

Neutral zone

-72.2Range
CCI (20)

Balanced zone

-75.6Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.6Bearish
OBV slope

20-period OBV slope

-23.04%Bearish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Trend

Dow Theory Structure

Confirmation $213.31, invalidation $184.8

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

Trend strength is moderate

13.8 / 26.1 / 16.7Bullish
Supertrend (10,3)

Price is above Supertrend

$147.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$196.44 / $176.97Bearish
Donchian Channel (20)

20-period breakout channel position

31%Range

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is negative

-2.593Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.8 / 31.5Bearish
Williams %R (14)

Neutral zone

-72.2Range
CCI (20)

Balanced zone

-75.6Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$13.35 (7.24%)Bearish
Bollinger Bands (20,2)

Width 19.98%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$216.71 / $166.47Bearish
ATR channel lower / upper

Current Volatility Envelope

$171.03 / $197.73Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

31.6Bearish
OBV slope

20-period OBV slope

-23.04%Bearish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.9Range
Support

Nearest Downside Decision Level

$163.5Range

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