US stock / ETF

Diamondback Energy, Inc.

FANG · NASDAQ · USD

1 weekBullish67%
Weekly Upside probability 67%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 $216.9.

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 54.0, MACD 0.031

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $14.43 (7.31%)

Weekly

EMA Structure

Bullish
EMA 8$198.05Bearish
EMA 21$191.64Bullish
EMA 50$179.59Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.0 · MACD 0.031

Neutral zone

Strength
Bullish
Volatility
ATR $14.43 · BB 20.90%

High volatility

Strength
Bearish
Volume
MFI 39.1 · OBV -8.49%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$139.41 - $216.9

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+17.16% · 2.3 ATR above latest close

$231.33
Nearest resistance

+9.85% · 1.3 ATR above · 34-bar high

$216.9
Current price

Price shown is delayed

$197.45
Nearest support

-29.39% · 4.0 ATR below · 34-bar low

$139.41
Deeper support zone

-36.7% · 5.0 ATR below latest close

$124.98
ATR zone

Latest close ± ATR14

$183.02 - $211.88

Indicators

Trend

Dow Theory Structure

Confirmation $210.55, invalidation $184.8

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

Trend strength is moderate

14.6 / 27.7 / 21.7Bullish
Supertrend (10,3)

Price is above Supertrend

$159.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$193.5 / $175.6Bullish
Donchian Channel (20)

20-period breakout channel position

58%Bullish

Volatility

ATR (14)

High volatility

$14.43 (7.31%)Bearish
Bollinger Bands (20,2)

Width 20.90%

59%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$221.51 / $162.77Bearish
ATR channel lower / upper

Current Volatility Envelope

$183.02 / $211.88Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.9Range
Support

Nearest Downside Decision Level

$139.41Range

Momentum

RSI (14)

Neutral zone

54.0Range
MACD (12,26,9)

Histogram is positive

0.031Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.4 / 74.4Bearish
Williams %R (14)

Neutral zone

-41.6Range
CCI (20)

Balanced zone

66.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.1Bearish
OBV slope

20-period OBV slope

-8.49%Bearish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Trend

Dow Theory Structure

Confirmation $210.55, invalidation $184.8

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

Trend strength is moderate

14.6 / 27.7 / 21.7Bullish
Supertrend (10,3)

Price is above Supertrend

$159.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$193.5 / $175.6Bullish
Donchian Channel (20)

20-period breakout channel position

58%Bullish

Momentum

RSI (14)

Neutral zone

54.0Range
MACD (12,26,9)

Histogram is positive

0.031Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.4 / 74.4Bearish
Williams %R (14)

Neutral zone

-41.6Range
CCI (20)

Balanced zone

66.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$14.43 (7.31%)Bearish
Bollinger Bands (20,2)

Width 20.90%

59%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$221.51 / $162.77Bearish
ATR channel lower / upper

Current Volatility Envelope

$183.02 / $211.88Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.1Bearish
OBV slope

20-period OBV slope

-8.49%Bearish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.9Range
Support

Nearest Downside Decision Level

$139.41Range

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