Overall FANG gets a technical rating of 3 out of 10. FANG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, FANG does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 149.43, a Stop Loss order could be placed below this zone.
133.17
4 important support areas can be observed.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for FANG is neutral. |
| ChartMill Relative Strength | 30.2 | NEUTRAL | FANG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FANG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FANG is above 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) | 56.73 | NEUTRAL | The RSI value for FANG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests FANG has a positive trend. |
| Stochastics (14,3) | 71.21 | NEUTRAL | The Stochastics value for FANG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for FANG suggests some volalility. |
| Average Directional Index/ADX (14) | 16.09 | NEGATIVE | The low ADX value for FANG suggests a weak or negative trend. |
NASDAQ:FANG (1/15/2026, 10:26:07 AM)
151.935
-1.79 (-1.17%)
ChartMill assigns a technical rating of 3 / 10 to FANG.
The current trend direction for DIAMONDBACK ENERGY INC (FANG) is Bearish.
DIAMONDBACK ENERGY INC (FANG) has an RSI value of 56.7341. This indicates that the stock is currently neutral.
DIAMONDBACK ENERGY INC (FANG) has a support level at 149.43 and a resistance level at 154.69. Check the full technical report for our detailed analysis of FANG support and resistance levels.