146.31 USD
-0.6 (-0.41%)
146.31 USD
0 (0%)
We assign a technical rating of 2 out of 10 to FANG. FANG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, FANG is a bad performer in the overall market: 71% of all stocks are doing better.
In the last month FANG has a been trading in the 144.80 - 164.44 range, which is quite wide. It is currently trading near the lows of this range.
FANG has an average volume of 1724150 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.
FANG is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, FANG did better than 48% 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.
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.
More info and screens
133.17
164.72
4 important support areas can be observed.
- Support @145.69 from a trend line in the weekly time frame.
- Support @141.62 from a trend line in the daily time frame.
- A support zone ranging from 136.87 to 137.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 134.52 to 134.55. 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 148.01 to 149.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 156.65 to 160.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @163.09 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FANG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FANG is down. |
| ChartMill Relative Strength | 29.21 | NEGATIVE | FANG has a low relative strength, it was outperformed by 70.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FANG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FANG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FANG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.06 | NEUTRAL | The RSI value for FANG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.42 | NEGATIVE | The MACD value suggests FANG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.11 | OVERSOLD | The low Stochastics value suggests FANG may be oversold. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for FANG suggests some volalility. |
| Average Directional Index/ADX (14) | 24 | NEUTRAL | The ADX value for FANG suggests a possible start of a new trend. |
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)
146.31
-0.6 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.41%
1 Week-0.47%
2 Weeks-6.83%
1 Month-2.01%
3 Month-1.31%
6 Month4.68%
12 Month-7.6%
2 Year-5.66%
3 Year6.97%
5 Year202.29%
10 Year118.7%
15 YearN/A
Volatility
ATR(14)4.49
ATR(20)%3.05%
ATR Inc-60.49%
Range Today2
ADR(20)4.25
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.21
3 months CRS39.37
6 months CRS51.73
Mansfield-1.16
10 Day High159.15
10 Day Low144.8
20 Day High164.44
20 Day Low144.8
52 Week High180.91
52 Week Low114
CS1 End145.69
CR1 Start148.01
Volume & EV
DER(3)0.84%
DER(5)0.62%
Volume985.30K
Volume Incr-10.68%
Vol(5)1.60M
Vol(50)1.72M
DIAMONDBACK ENERGY INC / FANG FAQ
What is the ChartMill technical rating of DIAMONDBACK ENERGY INC (FANG) stock?
ChartMill assigns a technical rating of 2 / 10 to FANG.
Can you provide the trend direction for DIAMONDBACK ENERGY INC?
The current trend direction for DIAMONDBACK ENERGY INC (FANG) is Bearish.
What is the RSI signal for FANG stock?
DIAMONDBACK ENERGY INC (FANG) has an RSI value of 42.0605. This indicates that the stock is currently neutral.
What is the MACD signal for DIAMONDBACK ENERGY INC (FANG) stock?
The MACD indicator for DIAMONDBACK ENERGY INC (FANG) has a value of -1.41613, indicating a bearish trend.
What is the short term momentum for DIAMONDBACK ENERGY INC (FANG) stock?
The short term momentum for DIAMONDBACK ENERGY INC (FANG) is negative.