Overall FANG gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FANG is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- FANG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FANG has a been trading in the 145.97 - 169.49 range, which is quite wide. It is currently trading near the high of this range.
- FANG has an average volume of 1884710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, FANG outperforms 61% of them, which is more or less in line with the market.
- FANG is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, FANG did better than 50% of them.
Although FANG has an excellent technical rating, the quality of the presented setup is not ideal 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.
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133.20
When analyzing the support we can see 6 important areas.
- A support zone ranging from 154.04 to 158.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @149.80 from a trend line in the weekly time frame.
- Support @146.30 from a horizontal line in the weekly time frame.
- Support @140.16 from a trend line in the daily time frame.
- Strong support @137.40 from a horizontal line in the daily time frame.
- A support zone ranging from 134.55 to 134.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 166.94 to 169.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 61.99 | NEUTRAL | FANG is not amongst the best or worst performers 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) | 61.59 | NEUTRAL | The RSI value for FANG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.02 | POSITIVE | The MACD value suggests FANG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.79 | OVERBOUGHT | The high Stochastics value suggests FANG may be overbought. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for FANG suggests some volalility. |
| Average Directional Index/ADX (14) | 30.27 | POSITIVE | The high ADX value value for FANG suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 169.01 | 154.03 | 14.98 (8.86%) | 11.28% |
| An entry @169.01. This is a Buy Stop order right above the resistance zone. | An exit @154.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 14.98 points, which is 8.86%. | For a 1.00% total portfolio risk, you can invest 11.28% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:FANG (2/10/2026, 3:27:04 PM)
164.67
-1.29 (-0.78%)
DIAMONDBACK ENERGY INC / FANG FAQ
What is the ChartMill technical rating of DIAMONDBACK ENERGY INC (FANG) stock?
ChartMill assigns a technical rating of 8 / 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 61.5921. 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 158.63 and a resistance level at 166.94. Check the full technical report for our detailed analysis of FANG support and resistance levels.