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- 3/13/2026 -
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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 :Daily  MACD line has moved below its signal line
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It was a second consecutive positive week for the Diamondbac (FANG). During the week, the FANG gained 1.83 points, or 1.01%, and closed at 182.37 on Friday, March 13, 2026. Weekly volume was 151% 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 (157.61) 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 186.66 on March 9, 2026. FANG gained -72.66 points, or -63.74%, in 47 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (147.81) 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 near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 186.66 on March 9, 2026. FANG gained -47.25 points, or -33.89%, in 61 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 175.45 and resistance is at 189.03. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.

Daily Technical Indicators: [See FANG daily technical indicators chart]
Daily technical indicators are neutral.

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

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.91
Williams' Percentage Range (W%R) 50.80
Lane's Stochastic (%D-Slow) 58.98
Greed/Fear Indicator (GFI) 56.37
Moving Average Converg./Diverg. (MACD) 4.60
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.15
Williams' Percentage Range (W%R) 23.70
Lane's Stochastic (%D-Slow) 88.39
Overbought
Greed/Fear Indicator (GFI) 74.53
Moving Average Converg./Diverg. (MACD) 4.25
Trading Signals
Description Value Chart
Weekly Trendline Resistance 189.03
Upper Bollinger Band 183.68
Monthly Trendline Resistance 182.78
Price 182.37
Weekly Stochastic Crossing 182.05
Daily Stochastic Crossing 180.02
Weekly Trendline Support 175.45
20 Day Moving Average 175.38
Parabolic System 171.27
Quarterly Trendline Resistance 167.95
Lower Bollinger Band 165.66
50 Day Moving Average 163.78
Yearly Trendline Support 157.61
Quarterly Trendline Support 147.81
Sector and Industry
Description Name Rank
Sector Energy 12
Industry Oil & Gas Exploration & Production 118
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 164.37
Low Date 02/26/2026
High 186.66
High Date 03/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 189.03
Support 175.45
Low 139.41
Low Date 01/07/2026
High 186.66
High Date 03/09/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 182.78
Support 142.42
Low 134.30
Low Date 09/15/2025
High 186.66
High Date 03/09/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 167.95
Support 147.81
Low 114.00
Low Date 04/09/2025
High 186.66
High Date 03/09/2026
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 111.66
Support 157.61
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.