|
|
Archive - 9/25/2026 - Sign In to see current Signals. |
Diamondbac (FANG) Technical Analysis
|
 |
| 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 -5.75 points, or -2.99%, and closed at 186.67 on Friday, September 25, 2026. Weekly volume was 19% 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 April 9, 2025 at 114.00 and reached 216.90 on August 20, 2026. FANG gained -102.90 points, or -90.26%, in 71 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 180.97 and resistance is at 239.96. 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See FANG medium-term trend chart] A medium-term uptrend had started on July 2, 2026 at 170.10 and reached 216.90 on August 20, 2026. FANG gained -46.80 points, or -27.51%, in 7 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (204.78) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FANG may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See FANG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since June 5, 2026. Use the following link to access a MACD help.
Short-term trend: [See FANG short-term trend chart] A short-term downtrend had started on September 15, 2026 at 213.31 and reached 183.51 on September 23, 2026. FANG lost 29.80 points, or 13.97%, in 8 days. The price is now at the 10.60% retracement level.
Daily Technical Indicators: [See FANG daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since September 15, 2026. This is an indication that the short-term trend is down. During the last week, the 20 Day Moving Average 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.
| |
|
|