Logo image of FANG

DIAMONDBACK ENERGY INC (FANG) Stock Technical Analysis

NASDAQ:FANG - Nasdaq - US25278X1090 - Common Stock - Currency: USD

171.045  +0.18 (+0.11%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to FANG. FANG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

FANG has an average volume of 2108560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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 56% of all stocks.
FANG is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, FANG did better than 61% of them.
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.
In the last month FANG has a been trading in the 157.36 - 180.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
DIAMONDBACK ENERGY INC / FANG Weekly stock chart
DIAMONDBACK ENERGY INC / FANG Daily stock chart
Setup Rating and Analysis

4

FANG has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

151.52

204.33

We found 1 important support area.

  • A support zone ranging from 153.05 to 157.21. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 173.03 to 180.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 184.05 to 185.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 199.60 to 202.31. This zone is formed by a combination of multiple trend lines in the daily 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
CRS56.37
Mansfield-1.64
10 Day High180.91
10 Day Low167.16
20 Day High180.91
20 Day Low157.36
52 Week High214.5
52 Week Low147.93
Performance
1 Week-3.79%
2 Weeks-3.84%
1 Month7.91%
3 Month-2.82%
6 Month-9.63%
12 Month13.74%
2 Year16.93%
3 Year35.43%
5 Year129.65%
10 Year147.66%
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)-0.6
RSI(14)48.06
LBB168.46
UBB182.4
DIAMONDBACK ENERGY INC / FANG Daily stock chart

DIAMONDBACK ENERGY INC

NASDAQ:FANG (1/30/2025, 12:09:09 PM)

171.045

+0.18 (+0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.11%
1 Week-3.79%
2 Weeks-3.84%
1 Month7.91%
3 Month-2.82%
6 Month-9.63%
12 Month13.74%
2 Year16.93%
3 Year35.43%
5 Year129.65%
10 Year147.66%
15 YearN/A
Volatility
ATR(14)4.3
ATR(20)%2.58%
ATR Inc17.99%
Range Today2.38
ADR(20)4.14
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.37
Mansfield-1.64
10 Day High180.91
10 Day Low167.16
20 Day High180.91
20 Day Low157.36
52 Week High214.5
52 Week Low147.93
CS1 End157.21
CR1 Start173.03
Volume & EV
DER(3)-0.23%
DER(5)0.37%
Volume393.50K
Volume Incr-21.49%
Vol(5)1.73M
Vol(50)2.11M