US stock / ETF

Diamondback Energy, Inc.

FANG · NASDAQ · USD

3 monthsBullish74%
3M Upside probability 74%Bullish

FANG 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $23.67 and reclaim $214.48.

Invalidation Trigger

Lose $23.67 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 68.4, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $38.35 (21.33%)

3M

EMA Structure

Range
EMA 8$166.41Bullish
EMA 21$141.12Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 68.4 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $38.35 · BB 76.68%

High volatility

Strength
Bearish
Volume
MFI 54.1 · OBV -5.70%

Relative to 20-period average volume

Strength
Range
Price Levels
$23.67 - $214.48

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+40.66% · 1.9 ATR above latest close

$252.83
Nearest resistance

+19.33% · 0.9 ATR above · 24-bar high

$214.48
Current price

Price shown is delayed

$179.74
Nearest support

-86.83% · 4.1 ATR below · 24-bar low

$23.67
Deeper support zone

-108.17% · 5.1 ATR below latest close

-$14.68
ATR zone

Latest close ± ATR14

$141.39 - $218.09

Indicators

Trend

Dow Theory Structure

Confirmation $214.48, invalidation $114.45

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$67.23Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Volatility

ATR (14)

High volatility

$38.35 (21.33%)Bearish
Bollinger Bands (20,2)

Width 76.68%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$225.66 / $58.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$141.39 / $218.09Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.48Range
Support

Nearest Downside Decision Level

$23.67Range

Momentum

RSI (14)

Momentum is strong

68.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

65.3 / 63.5Bullish
Williams %R (14)

Neutral zone

-34.7Range
CCI (20)

Strong expansion

114.0Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.1Range
OBV slope

20-period OBV slope

-5.70%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Trend

Dow Theory Structure

Confirmation $214.48, invalidation $114.45

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$67.23Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Momentum

RSI (14)

Momentum is strong

68.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

65.3 / 63.5Bullish
Williams %R (14)

Neutral zone

-34.7Range
CCI (20)

Strong expansion

114.0Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$38.35 (21.33%)Bearish
Bollinger Bands (20,2)

Width 76.68%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$225.66 / $58.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$141.39 / $218.09Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.1Range
OBV slope

20-period OBV slope

-5.70%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$214.48Range
Support

Nearest Downside Decision Level

$23.67Range

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