DIAMONDBACK ENERGY INC (FANG)

US25278X1090 - Common Stock

157.33  -0.44 (-0.28%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to FANG. FANG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
62% of all other stocks performed better in the past year than FANG.
FANG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FANG has a been trading in the 152.00 - 180.55 range, which is quite wide. It is currently trading near the lows of this range.
FANG has an average volume of 2127760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FANG is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry, FANG did better than 55% of them.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
FANG Weekly chart
FANG Daily chart
Setup Rating and Analysis

4

FANG has a poor technical rating and the quality of the setup is also not perfect 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 154.93. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • A resistance zone ranging from 157.78 to 158.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 172.63 to 177.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 184.38 to 188.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • 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
CRS38.92
Mansfield-2.33
10 Day High164.8
10 Day Low152
20 Day High180.55
20 Day Low152
52 Week High214.5
52 Week Low147.93
Performance
1 Week-1.48%
2 Weeks-3.3%
1 Month-12.13%
3 Month-7.54%
6 Month-21.19%
12 Month1.73%
2 Year15.35%
3 Year46.29%
5 Year69.9%
10 Year163.92%
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)-0.63
RSI(14)35.57
LBB150.59
UBB171.73
FANG Daily chart

DIAMONDBACK ENERGY INC

NASDAQ:FANG (12/26/2024, 9:45:08 AM)

157.33

-0.44 (-0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.28%
1 Week-1.48%
2 Weeks-3.3%
1 Month-12.13%
3 Month-7.54%
6 Month-21.19%
12 Month1.73%
2 Year15.35%
3 Year46.29%
5 Year69.9%
10 Year163.92%
15 YearN/A
Volatility
ATR(14)4.19
ATR(20)%2.7%
ATR Inc-37.52%
Range Today2.89
ADR(20)4.17
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.92
Mansfield-2.33
10 Day High164.8
10 Day Low152
20 Day High180.55
20 Day Low152
52 Week High214.5
52 Week Low147.93
CS1 End154.93
CR1 Start157.78
Volume & EV
DER(3)2.1%
DER(5)0.09%
Volume67.40K
Volume Incr56%
Vol(5)3.26M
Vol(50)2.13M