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- 4/10/2026 -
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Diamondbac (FANG) Technical Analysis

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Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtBroken trend resistance lineBroken trend resistance line
Daily :Trend support at 186.39The price has declined below the moving average in the center of the Bollinger Bands
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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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.69
Williams' Percentage Range (W%R) 62.80
Lane's Stochastic (%D-Slow) 41.14
Greed/Fear Indicator (GFI) 41.01
Moving Average Converg./Diverg. (MACD) 5.05
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.33
Williams' Percentage Range (W%R) 29.40
Lane's Stochastic (%D-Slow) 84.68
Overbought
Greed/Fear Indicator (GFI) 72.31
Moving Average Converg./Diverg. (MACD) 7.83
Trading Signals
Description Value Chart
Weekly Trendline Resistance 215.28
Upper Bollinger Band 200.88
Weekly Stochastic Crossing 198.50
Parabolic System 195.91
20 Day Moving Average 192.25
Price 188.21
Monthly Trendline Resistance 188.06
Daily Stochastic Crossing 186.78
Weekly Trendline Support 186.39
50 Day Moving Average 179.74
Lower Bollinger Band 178.31
Quarterly Trendline Resistance 168.96
Yearly Trendline Support 161.18
Sector and Industry
Description Name Rank
Sector Energy 11
Industry Oil & Gas Exploration & Production 115
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 204.91
High Date 03/27/2026
Low 175.14
Low Date 04/08/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 215.28
Support 186.39
Low 139.41
Low Date 01/07/2026
High 204.91
High Date 03/27/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 188.06
Support 143.64
Low 134.30
Low Date 09/15/2025
High 204.91
High Date 03/27/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 168.96
Support 150.45
Low 114.00
Low Date 04/09/2025
High 204.91
High Date 03/27/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 106.95
Support 161.18
High 214.50
High Date 07/17/2024
Low 114.00
Low Date 04/09/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.