DIAMONDBACK ENERGY INC (FANG) Technical Analysis
NASDAQ:FANG • US25278X1090
Current stock price
FANG Technical Rating and Analysis
Taking everything into account, FANG scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, FANG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- FANG is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FANG is leading the market.
- In the last month FANG has a been trading in the 163.50 - 186.65 range, which is quite wide. It is currently trading near the high of this range.
- FANG has an average volume of 2789910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that FANG is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- FANG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 42% of 207 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
FANG Weekly and Daily overview Charts
FANG Setup Rating and Analysis
FANG has an excellent technical rating, but the quality of the setup is 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.
More info and screens
FANG Support and Resistance Analysis
133.20
We found 7 important support areas.
- A support zone ranging from 182.32 to 182.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 176.04 to 176.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 164.42 to 168.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @152.74 from a trend line in the weekly time frame.
- Support @143.85 from a trend line in the daily time frame.
- Strong support @137.40 from a horizontal line in the daily time frame.
- Support @134.55 from a horizontal line in the weekly time frame.
FANG Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for FANG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FANG is up. |
| ChartMill Relative Strength | 81.02 | POSITIVE | FANG has a high relative strength, it outperformed 81.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FANG is above the rising 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) | UP | POSITIVE | The current price of FANG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.83 | NEUTRAL | The RSI value for FANG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests FANG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.71 | NEUTRAL | The Stochastics value for FANG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for FANG suggests some volalility. |
| Average Directional Index/ADX (14) | 25.88 | POSITIVE | The high ADX value value for FANG suggests a strong trend. |
FANG Chart- and CandleStick Pattern Analysis
FANG Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FANG (3/17/2026, 10:50:57 AM)
186.88
+4.55 (+2.5%)
DIAMONDBACK ENERGY INC / FANG TA FAQ
What is the ChartMill technical rating of DIAMONDBACK ENERGY INC (FANG) stock?
ChartMill assigns a technical rating of 9 / 10 to FANG.
What is the current trend direction of DIAMONDBACK ENERGY INC (FANG) stock?
The current trend direction for DIAMONDBACK ENERGY INC (FANG) is Bullish.
What is the RSI signal for FANG stock?
DIAMONDBACK ENERGY INC (FANG) has an RSI value of 63.8261. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for DIAMONDBACK ENERGY INC?
The buy/sell signal for DIAMONDBACK ENERGY INC (FANG) is buy as both the short term and long term trends are positive.
What is the support and resistance level for FANG stock?
DIAMONDBACK ENERGY INC (FANG) has a support level at 176.34 and a resistance level at 182.38. Check the full technical report for our detailed analysis of FANG support and resistance levels.