DIAMONDBACK ENERGY INC (FANG) Stock Technical Analysis
NASDAQ:FANG - Nasdaq - US25278X1090 - Common Stock - Currency: USD
Taking everything into account, FANG scores 0 out of 10 in our technical rating. FANG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
77% of all other stocks performed better in the past year than FANG.
FANG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FANG is lagging the market.
In the last month FANG has a been trading in the 151.00 - 169.87 range, which is quite wide. It is currently trading near the lows of this range.
FANG has an average volume of 2364170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FANG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 45% of 210 stocks in the same industry.
Volume is considerably higher in the last couple of days.
FANG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 156.63, a Stop Loss order could be placed below this zone.
More info and screens
150.39
187.83
We found 1 important support area.
- A support zone ranging from 151.91 to 156.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @172.45 from a trend line in the daily time frame.
- A resistance zone ranging from 177.44 to 180.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 184.38 to 185.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.77
Mansfield-1.97
10 Day High162.84
10 Day Low151
20 Day High169.87
20 Day Low151
52 Week High214.5
52 Week Low151
Performance
1 Week1.82%
2 Weeks1.79%
1 Month-6.72%
3 Month-10.49%
6 Month-18.53%
12 Month-14.15%
2 Year13.07%
3 Year15.11%
5 Year156.39%
10 Year123.23%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)46.75
LBB150.89
UBB163.63
158.96
+3.37 (+2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.17%
1 Week1.82%
2 Weeks1.79%
1 Month-6.72%
3 Month-10.49%
6 Month-18.53%
12 Month-14.15%
2 Year13.07%
3 Year15.11%
5 Year156.39%
10 Year123.23%
15 YearN/A
Volatility
ATR(14)5.21
ATR(20)%3.34%
ATR Inc17.98%
Range Today6.8
ADR(20)5.04
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.77
Mansfield-1.97
10 Day High162.84
10 Day Low151
20 Day High169.87
20 Day Low151
52 Week High214.5
52 Week Low151
CS1 End156.63
CR1 Start172.45
Volume & EV
DER(3)-1.18%
DER(5)-1.14%
Volume3.36M
Volume Incr69.9%
Vol(5)3.68M
Vol(50)2.36M