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Archive - 4/10/2026 - 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 -5.67 points, or -2.92%, and closed at 188.21 on Friday, April 10, 2026. Weekly volume was 37% 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 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 downtrend resistance line (161.18) is broken. A broken support is considered to be a long-term bullish signal. 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 resistance line in a long-term trend.
Medium-term trend: [See FANG medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 114.00 and reached 204.91 on March 27, 2026. FANG gained -90.91 points, or -79.75%, in 50 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (150.45) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See FANG weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 link to access Lane's Stochastic help. The weekly MACD line is above its signal line since May 30, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 January 7, 2026 at 139.41 and reached 204.91 on March 27, 2026. FANG gained -65.50 points, or -46.98%, in 79 days. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (186.39) line. The support is usually stronger when technical indicators are oversold. 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 support line 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 March 31, 2026. The distance between MACD and the signal line is near its high and getting bigger. 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.
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