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Uptrend Broken SupportArchive
- 4/25/2025 -
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Diamondbac (FANG) Technical Analysis
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| Summary:
| | Weekly : | | Daily : 
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| | It was the negative week for the Diamondbac (FANG). During the week, the FANG gave back -0.84 points, or -0.61%, and closed at 136.80 on Friday, April 25, 2025. FANG was trading at average weekly trading volume.
 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 (187.81) is broken. A broken support is considered to be a long-term bearish 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 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 Falling Channel chart pattern. The trend support level is at 128.65 and resistance is at 164.12. A Falling 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 Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel 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 below its signal line since May 24, 2024. This is an indication that the medium-term trend is down. 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 April 9, 2025 at 114.00 and reached 140.00 on April 23, 2025. FANG gained -26.00 points, or -22.81%, in 14 days. The chart has formed a Rising Wedge chart pattern.
Daily Technical Indicators: [See FANG daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
The distance between the Bollinger Bands is 160.48% higher then one year average. It indicates the period of high volatility of the stock price. 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.
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