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Archive
- 9/4/2026 -
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Diamondbac (FANG) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Diamondbac (FANG). During the week, the FANG climbed 1.55 points, or 0.78%, and closed at 199.22 on Friday, September 4, 2026. FANG was trading at average weekly trading volume.
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 price is now at the 17.18% retracement level.
 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 trend support level is at 196.55 and resistance is at 220.58. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern 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. The distance between MACD and the signal line is low, but getting bigger. 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 August 20, 2026 at 216.90 and reached 196.65 on August 26, 2026. FANG lost 20.25 points, or 9.34%, in 6 days. The price is now at the 12.69% retracement level.
Daily Technical Indicators: [See FANG daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since August 25, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
12 |
| Industry |
Oil & Gas Exploration & Production |
105 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
196.65 |
| Low Date |
08/26/2026 |
| High |
205.00 |
| High Date |
09/01/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
216.90 |
| High Date |
08/20/2026 |
| Low |
196.65 |
| Low Date |
08/26/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Valid |
| Resistance |
220.58 |
| Support |
196.55 |
| Low |
170.10 |
| Low Date |
07/02/2026 |
| High |
216.90 |
| High Date |
08/20/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
114.00 |
| Low Date |
04/09/2025 |
| High |
216.90 |
| High Date |
08/20/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
214.50 |
| High Date |
07/17/2024 |
| Low |
114.00 |
| Low Date |
04/09/2025 |
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