US stock / ETF

Diamondback Energy, Inc.

FANG · NASDAQ · USD

3 monthsBullish77%
3M Upside probability 77%Bullish

FANG 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $14.55 and reclaim $214.51.

Invalidation Trigger

Lose $14.55 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 61.7, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $38.02 (19.45%)

3M

EMA Structure

Range
EMA 8$172.34Bullish
EMA 21$142.39Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 61.7 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $38.02 · BB 70.46%

High volatility

Strength
Bearish
Volume
MFI 62.2 · OBV -13.29%

Relative to 20-period average volume

Strength
Range
Price Levels
$14.55 - $214.51

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+29.15% · 1.5 ATR above latest close

$252.53
Nearest resistance

+9.7% · 0.5 ATR above · 29-bar high

$214.51
Current price

Price shown is delayed

$195.54
Nearest support

-92.56% · 4.8 ATR below · 29-bar low

$14.55
Deeper support zone

-112.01% · 5.8 ATR below latest close

-$23.47
ATR zone

Latest close ± ATR14

$157.52 - $233.56

Indicators

Trend

Dow Theory Structure

Confirmation $214.51, invalidation $114

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

Trend strength is active

38.8 / 23.5 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$64.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$141.66 / --Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Volatility

ATR (14)

High volatility

$38.02 (19.45%)Bearish
Bollinger Bands (20,2)

Width 70.46%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$223.85 / $65.76Bearish
ATR channel lower / upper

Current Volatility Envelope

$157.52 / $233.56Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.51Range
Support

Nearest Downside Decision Level

$14.55Range

Momentum

RSI (14)

Momentum is strong

61.7Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

81.1 / 75.3Bullish
Williams %R (14)

Overbought zone

-18.9Bearish
CCI (20)

Strong expansion

100.4Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.2Bullish
OBV slope

20-period OBV slope

-13.29%Bearish
Volume ratio

Relative to 20-period average volume

0.15xBearish

Trend

Dow Theory Structure

Confirmation $214.51, invalidation $114

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

Trend strength is active

38.8 / 23.5 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$64.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$141.66 / --Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Momentum

RSI (14)

Momentum is strong

61.7Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

81.1 / 75.3Bullish
Williams %R (14)

Overbought zone

-18.9Bearish
CCI (20)

Strong expansion

100.4Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$38.02 (19.45%)Bearish
Bollinger Bands (20,2)

Width 70.46%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$223.85 / $65.76Bearish
ATR channel lower / upper

Current Volatility Envelope

$157.52 / $233.56Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.2Bullish
OBV slope

20-period OBV slope

-13.29%Bearish
Volume ratio

Relative to 20-period average volume

0.15xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.51Range
Support

Nearest Downside Decision Level

$14.55Range

Related Forecasts