146.99 USD
-5.35 (-3.51%)
146.99 USD
0 (0%)
Taking everything into account, FANG scores 3 out of 10 in our technical rating. 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: 76% of all stocks are doing better.
In the last month FANG has a been trading in the 143.55 - 164.44 range, which is quite wide. It is currently trading near the lows of this range.
FANG has an average volume of 1696840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
FANG is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, FANG did better than 43% 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 only medium at the moment. Prices have been consolidating lately.
More info and screens
133.17
164.72
4 important support areas can be observed.
- Support @146.87 from a trend line in the weekly time frame.
- Support @142.23 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 147.60 to 148.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @155.34 from a trend line in the weekly time frame.
- A resistance zone ranging from 158.61 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 | NEUTRAL | NEUTRAL | The short term trend for FANG is neutral. |
| ChartMill Relative Strength | 24.96 | NEGATIVE | FANG has a low relative strength, it was outperformed by 75.04% 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) | 44.33 | NEUTRAL | The RSI value for FANG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests FANG has a negative trend. |
| Stochastics (14,3) | 37.26 | NEUTRAL | The Stochastics value for FANG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for FANG suggests some volalility. |
| Average Directional Index/ADX (14) | 19.93 | NEGATIVE | The low ADX value for FANG suggests a weak or negative 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)
146.99
-5.35 (-3.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.51%
1 Week0.46%
2 Weeks-0.01%
1 Month-7.85%
3 Month5.13%
6 Month1.84%
12 Month-15.9%
2 Year-4.39%
3 Year0.6%
5 Year159.29%
10 Year94.56%
15 YearN/A
Volatility
ATR(14)4.84
ATR(20)%3.18%
ATR Inc86.97%
Range Today11.03
ADR(20)4.39
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.96
3 months CRS66.63
6 months CRS45.96
Mansfield-0.97
10 Day High154.58
10 Day Low143.55
20 Day High164.44
20 Day Low143.55
52 Week High180.91
52 Week Low114
CS1 End146.87
CR1 Start147.6
Volume & EV
DER(3)-0.17%
DER(5)-0.75%
Volume2.60M
Volume Incr-8.38%
Vol(5)1.62M
Vol(50)1.70M
DIAMONDBACK ENERGY INC / FANG FAQ
What is the ChartMill technical rating of DIAMONDBACK ENERGY INC (FANG) stock?
ChartMill assigns a technical rating of 3 / 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 Bearish.
What is the RSI signal for FANG stock?
DIAMONDBACK ENERGY INC (FANG) has an RSI value of 44.3272. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for DIAMONDBACK ENERGY INC?
DIAMONDBACK ENERGY INC (FANG) has a support level at 146.87 and a resistance level at 147.6. Check the full technical report for our detailed analysis of FANG support and resistance levels.