DIAMONDBACK ENERGY INC (FANG) Technical Analysis
NASDAQ:FANG • US25278X1090
Current stock price
FANG Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to FANG. 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that FANG is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by FANG over the past year are nicely spread over this period.
- 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 170.55 - 203.15 range, which is quite wide. It is currently trading near the high of this range.
- FANG has an average volume of 3486610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- FANG is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, FANG did better than 59% of them.
- Considerably lower volume is observed in the last couple of days.
FANG Weekly and Daily overview Charts
FANG Setup Rating and Analysis
Although FANG has an excellent technical rating, it does not offer a high quality setup 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
135.47
When analyzing the support we can see 6 important areas.
- A support zone ranging from 201.85 to 202.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 184.09 to 185.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 180.26 to 180.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @156.26 from a trend line in the weekly time frame.
- Support @146.09 from a trend line in the daily time frame.
- Support @136.84 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @205.47 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 | 85.98 | POSITIVE | FANG has a high relative strength, it outperformed 85.98% 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) | 64.14 | NEUTRAL | The RSI value for FANG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.73 | POSITIVE | The MACD value suggests FANG has a positive trend. |
| Stochastics (14,3) | 91.38 | OVERBOUGHT | The high Stochastics value suggests FANG may be overbought. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for FANG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.24 | NEGATIVE | The low ADX value for FANG suggests a weak or negative trend. |
FANG Chart- and CandleStick Pattern Analysis
FANG Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FANG (4/29/2026, 10:56:03 AM)
203.4
+3.34 (+1.67%)
DIAMONDBACK ENERGY INC / FANG TA FAQ
What is the ChartMill technical rating of DIAMONDBACK ENERGY INC (FANG) stock?
ChartMill assigns a technical rating of 10 / 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 DIAMONDBACK ENERGY INC (FANG) stock?
DIAMONDBACK ENERGY INC (FANG) has an RSI value of 64.1414. This indicates that the stock is currently neutral.
What is the short term momentum for DIAMONDBACK ENERGY INC (FANG) stock?
The short term momentum for DIAMONDBACK ENERGY INC (FANG) is positive.
What is the buy/sell signal for FANG stock?
The buy/sell signal for DIAMONDBACK ENERGY INC (FANG) is buy as both the short term and long term trends are positive.