US stock / ETF

Diamondback Energy, Inc.

FANG · NASDAQ · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

FANG 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $201.83 and stabilize above resistance $216.05.

Invalidation Trigger

Break above $216.05 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 40.2, MACD -0.479

4h
Volatility EnvironmentRange
Low volatility

ATR is $3.41 (1.73%)

4h

EMA Structure

Bearish
EMA 8$199.41Bearish
EMA 21$201.83Bearish
EMA 50$202.35Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.2 · MACD -0.479

Momentum is weak

Strength
Bearish
Volatility
ATR $3.41 · BB 9.64%

Low volatility

Strength
Range
Volume
MFI 35.2 · OBV -201.48%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$193.24 - $216.05

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.15% · 6.5 ATR above latest close

$219.46
Nearest resistance

+9.42% · 5.5 ATR above · 34-bar high

$216.05
Current price

Price shown is delayed

$197.45
Nearest support

-2.13% · 1.2 ATR below · 34-bar low

$193.24
Deeper support zone

-3.86% · 2.2 ATR below latest close

$189.83
ATR zone

Latest close ± ATR14

$194.04 - $200.86

Indicators

Trend

Dow Theory Structure

Confirmation $193.24, invalidation $201.92

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

Trend strength is active

48.9 / 11.5 / 45.7Bearish
Supertrend (10,3)

Price is above Supertrend

$187.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$201.23 / $204.64Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Volatility

ATR (14)

Low volatility

$3.41 (1.73%)Range
Bollinger Bands (20,2)

Width 9.64%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$209.6 / $193.81Range
ATR channel lower / upper

Current Volatility Envelope

$194.04 / $200.86Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.05Range
Support

Nearest Downside Decision Level

$193.24Range

Momentum

RSI (14)

Momentum is weak

40.2Bearish
MACD (12,26,9)

Histogram is negative

-0.479Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.1 / 38.0Bearish
Williams %R (14)

Neutral zone

-65.9Range
CCI (20)

Balanced zone

-64.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.2Bearish
OBV slope

20-period OBV slope

-201.48%Bearish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Trend

Dow Theory Structure

Confirmation $193.24, invalidation $201.92

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

Trend strength is active

48.9 / 11.5 / 45.7Bearish
Supertrend (10,3)

Price is above Supertrend

$187.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$201.23 / $204.64Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Momentum

RSI (14)

Momentum is weak

40.2Bearish
MACD (12,26,9)

Histogram is negative

-0.479Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.1 / 38.0Bearish
Williams %R (14)

Neutral zone

-65.9Range
CCI (20)

Balanced zone

-64.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$3.41 (1.73%)Range
Bollinger Bands (20,2)

Width 9.64%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$209.6 / $193.81Range
ATR channel lower / upper

Current Volatility Envelope

$194.04 / $200.86Range

Volume / Money Flow

MFI (14)

Money flow is weak

35.2Bearish
OBV slope

20-period OBV slope

-201.48%Bearish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.05Range
Support

Nearest Downside Decision Level

$193.24Range

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