|
|
Archive
- 8/21/2026 -
Sign In to see current Signals. |
Diamondbac (FANG) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Diamondbac (FANG). During the week, the FANG gained 8.25 points, or 4.07%, and closed at 210.72 on Friday, August 21, 2026. Weekly volume was -26% 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 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 176.60 and resistance is at 233.86. 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 price is now at the 13.21% retracement level.
 Weekly Technical Indicators: [See FANG weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly Relative Strength Index has bearish divergence. Use the following links to access the Relative Strength Index help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is below its signal line since June 5, 2026. The distance between MACD and the signal line is low and getting smaller. 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 August 7, 2026 at 184.80 and reached 216.90 on August 20, 2026. FANG gained -32.10 points, or -17.37%, in 13 days. The price is now at the 19.25% 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. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily Relative Strength Index and MACD have bearish divergence. Use the following links to access the Relative Strength Index and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and MACD bearish divergence. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since August 11, 2026. This is an indication that the short-term trend is up.
| |
|
|