DIAMONDBACK ENERGY INC (FANG)

US25278X1090 - Common Stock

182.7  +1.24 (+0.68%)

After market: 182.7 0 (0%)

Technical Rating and Analysis

4

Taking everything into account, FANG scores 4 out of 10 in our technical rating. FANG has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

In the last month FANG has a been trading in the 173.72 - 185.79 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
FANG has an average volume of 2475780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, FANG turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
FANG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 56% of 204 stocks in the same industry.
FANG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FANG is lagging the market.
Weekly and Daily overview Charts
FANG Weekly chart
FANG Daily chart
Setup Rating and Analysis

8

FANG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 183.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 181.89, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

166.81

209.85

2 important support areas can be observed.

  • A support zone ranging from 175.63 to 181.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 168.49 to 170.62. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 5 important resistance areas.

  • A resistance zone ranging from 183.94 to 185.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @189.71 from a trend line in the weekly time frame.
  • Resistance @192.88 from a trend line in the daily time frame.
  • A resistance zone ranging from 197.28 to 199.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 207.76 to 207.77. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.4
Mansfield-1.14
10 Day High185.68
10 Day Low176
20 Day High185.79
20 Day Low173.72
52 Week High214.5
52 Week Low145.7
Performance
1 Week0.15%
2 Weeks0.61%
1 Month0.99%
3 Month-6.41%
6 Month-5.56%
12 Month18.15%
2 Year23.43%
3 Year71.18%
5 Year136.23%
10 Year223.94%
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)0.44
RSI(14)52.03
LBB176.21
UBB185.08
FANG Daily chart

DIAMONDBACK ENERGY INC

NASDAQ:FANG (11/21/2024, 8:25:58 PM)

After market: 182.7 0 (0%)

182.7

+1.24 (+0.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.68%
1 Week0.15%
2 Weeks0.61%
1 Month0.99%
3 Month-6.41%
6 Month-5.56%
12 Month18.15%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.04
ATR(20)%2.6%
ATR Inc
Range Today3.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High185.68
10 Day Low176
20 Day High185.79
20 Day Low173.72
52 Week High214.5
52 Week Low145.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.14M
Volume Incr0.75%
Vol(5)1.90M
Vol(50)2.48M