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Archive
- 1/15/2021 -
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Diamondbac (FANG) |
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| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the Diamondbac (FANG). During the week, the FANG gained 2.48 points, or 4.37%, and closed at 59.24 on Friday, January 15, 2021. Weekly volume was -18% below 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 October 29, 2020 at 23.63 and reached 64.07 on January 14, 2021. FANG gained -40.44 points, or -171.14%, in 11 weeks. The price is now at the 11.94% retracement level.
Medium-term trend: [See FANG medium-term trend chart]
A medium-term uptrend had started on December 21, 2020 at 42.00 and reached 64.07 on January 14, 2021. FANG gained -22.07 points, or -52.55%, in 3 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See FANG weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. 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 weekly MACD line is above its signal line since November 13, 2020. This is an indication that the medium-term trend is up. 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 January 14, 2021 at 64.07 and reached 58.42 on January 15, 2021. FANG lost 5.65 points, or 8.82%, in 1 days. The price is now at the 14.51% retracement level.
 Daily Technical Indicators: [See FANG daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic.
The daily MACD line is above its signal line since January 4, 2021.
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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 |
102 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
64.07 |
| High Date |
01/14/2021 |
| Low |
58.42 |
| Low Date |
01/15/2021 |
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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 |
64.07 |
| High Date |
01/14/2021 |
| Low |
58.42 |
| Low Date |
01/15/2021 |
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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 |
64.07 |
| High Date |
01/14/2021 |
| Low |
58.42 |
| Low Date |
01/15/2021 |
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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 |
42.00 |
| Low Date |
12/21/2020 |
| High |
64.07 |
| High Date |
01/14/2021 |
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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 |
23.63 |
| Low Date |
10/29/2020 |
| High |
64.07 |
| High Date |
01/14/2021 |
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