The Greedy Trader Weekly Analysis
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- 6/27/2025 -
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Diamondbac (FANG) Technical Analysis

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Summary:
Weekly :Broken trend support line
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARLane's Stochastic is oversoldPrice is close to the 50 Day Moving AverageThe 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 -9.08 points, or -6.10%, and closed at 139.77 on Friday, June 27, 2025. It was the worst weekly loss since April 4, 2025. Weekly volume was 31% above average.

Long-term trend: [See FANG long-term trend chart]
A long-term uptrend had started on August 19, 2021 at 65.93 and reached 214.50 on July 17, 2024. FANG gained -148.57 points, or -225.35%, in 151 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (193.22) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FANG may retest the broken support line. It is considered to be a resistance line now. 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 support in a long-term trend.

Medium-term trend: [See FANG medium-term trend chart]
A medium-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 Broadening Descending Wedge chart pattern. The trend support level is at 85.89 and resistance is at 151.80. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending 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 above its signal line since May 30, 2025. 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 June 13, 2025 at 158.00 and reached 137.10 on June 24, 2025. FANG lost 20.90 points, or 13.23%, in 11 days. The price is now at the 12.78% retracement level.

Daily Technical Indicators: [See FANG daily technical indicators chart]
Daily Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold 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.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

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.

Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.99
Williams' Percentage Range (W%R) 71.80
Lane's Stochastic (%D-Slow) 9.91
Strong Oversold
Greed/Fear Indicator (GFI) 29.04
Moving Average Converg./Diverg. (MACD) 1.59
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.68
Williams' Percentage Range (W%R) 50.40
Lane's Stochastic (%D-Slow) 60.64
Greed/Fear Indicator (GFI) 51.74
Moving Average Converg./Diverg. (MACD) -9.02
Trading Signals
Description Value Chart
Monthly Trendline Resistance 164.21
Parabolic System 154.99
Upper Bollinger Band 154.33
Quarterly Trendline Resistance 151.80
Weekly Stochastic Crossing 147.31
Monthly Trendline Support 145.13
20 Day Moving Average 143.67
Price 139.77
50 Day Moving Average 139.60
Daily Stochastic Crossing 139.34
Lower Bollinger Band 131.46
Sector and Industry
Description Name Rank
Sector Energy 4
Industry Oil & Gas Exploration & Production 40
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 158.00
High Date 06/13/2025
Low 137.10
Low Date 06/24/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 132.20
Low Date 05/22/2025
High 158.00
High Date 06/13/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 164.21
Support 145.13
Low 114.00
Low Date 04/09/2025
High 158.00
High Date 06/13/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 151.80
Support 85.89
High 214.50
High Date 07/17/2024
Low 114.00
Low Date 04/09/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 182.47
Support 193.22
Low 65.93
Low Date 08/19/2021
High 214.50
High Date 07/17/2024
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.