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Archive - 1/9/2026 - Sign In to see current Signals. |
Diamondbac (FANG) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Diamondbac (FANG). During the week, the FANG dropped -4.93 points, or -3.24%, and closed at 147.41 on Friday, January 9, 2026. Weekly volume was 6% above average. FANG is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See FANG long-term trend chart] A long-term uptrend had started on August 19, 2021 at 65.93 and reached 214.50 on July 17, 2024. FANG gained -148.57 points, or -225.35%, in 151 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 112.17 and resistance is at 255.13. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See FANG medium-term trend chart] A medium-term downtrend had started on July 17, 2024 at 214.50 and reached 114.00 on April 9, 2025. FANG lost 100.50 points, or 46.85%, in 38 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (122.32). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See FANG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since May 30, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See FANG short-term trend chart] A short-term uptrend had started on September 15, 2025 at 134.30 and reached 164.44 on December 5, 2025. FANG gained -30.14 points, or -22.44%, in 81 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 140.28 and resistance is at 170.83. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See FANG daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since December 12, 2025. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
Candlestick pattern: [See FANG candlestick chart pattern] On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.
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