US stock / ETF

Diamondback Energy, Inc.

FANG · NASDAQ · USD

1 weekBullish73%
Weekly Upside probability 73%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 $139.41 and reclaim $214.51.

Invalidation Trigger

Lose $139.41 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 57.1, MACD -2.336

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $15.33 (7.84%)

Weekly

EMA Structure

Bullish
EMA 8$187.1Bullish
EMA 21$184.35Bullish
EMA 50$173.77Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.1 · MACD -2.336

Momentum is strong

Strength
Bullish
Volatility
ATR $15.33 · BB 18.77%

High volatility

Strength
Bearish
Volume
MFI 43.6 · OBV -4.19%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$139.41 - $214.51

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+17.54% · 2.2 ATR above latest close

$229.84
Nearest resistance

+9.7% · 1.2 ATR above · 34-bar high

$214.51
Current price

Price shown is delayed

$195.54
Nearest support

-28.71% · 3.7 ATR below · 34-bar low

$139.41
Deeper support zone

-36.54% · 4.7 ATR below latest close

$124.08
ATR zone

Latest close ± ATR14

$180.21 - $210.87

Indicators

Trend

Dow Theory Structure

Confirmation $170.1, invalidation $211.69

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

Trend strength is active

27.5 / 21.3 / 21.0Bullish
Supertrend (10,3)

Price is above Supertrend

$150.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$186.14 / $174.41Bullish
Donchian Channel (20)

20-period breakout channel position

57%Bullish

Volatility

ATR (14)

High volatility

$15.33 (7.84%)Bearish
Bollinger Bands (20,2)

Width 18.77%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$211.62 / $157.94Bearish
ATR channel lower / upper

Current Volatility Envelope

$180.21 / $210.87Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.51Range
Support

Nearest Downside Decision Level

$139.41Range

Momentum

RSI (14)

Momentum is strong

57.1Bullish
MACD (12,26,9)

Histogram is negative

-2.336Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.3 / 30.5Bullish
Williams %R (14)

Neutral zone

-42.7Range
CCI (20)

Balanced zone

19.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.6Bearish
OBV slope

20-period OBV slope

-4.19%Bearish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Trend

Dow Theory Structure

Confirmation $170.1, invalidation $211.69

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

Trend strength is active

27.5 / 21.3 / 21.0Bullish
Supertrend (10,3)

Price is above Supertrend

$150.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$186.14 / $174.41Bullish
Donchian Channel (20)

20-period breakout channel position

57%Bullish

Momentum

RSI (14)

Momentum is strong

57.1Bullish
MACD (12,26,9)

Histogram is negative

-2.336Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.3 / 30.5Bullish
Williams %R (14)

Neutral zone

-42.7Range
CCI (20)

Balanced zone

19.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$15.33 (7.84%)Bearish
Bollinger Bands (20,2)

Width 18.77%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$211.62 / $157.94Bearish
ATR channel lower / upper

Current Volatility Envelope

$180.21 / $210.87Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.6Bearish
OBV slope

20-period OBV slope

-4.19%Bearish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.51Range
Support

Nearest Downside Decision Level

$139.41Range

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