Diamondback Energy(FANG)

Diamondback Energy (FANG) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for FANG · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$203.02last close · Jul 22, 202652-week range $134.30$214.51 · 5.36% below the high
Symmetrical Triangle · playing out now

FANG is breaking down from a symmetrical triangle — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 56% of the time.

As long as price stays below $211.7, it's in play — a daily close back above there calls it off.

The move's natural target sits near $168.2.

FANG Triangle Pattern

FANG is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$161.19Projected move−19.1%Breakout level$195.35

New to this pattern? What a triangle is and how to trade it →

How Triangles Have Performed

Win rate
53.5%
Avg return
+0.37R
Backtested trades
17,276
FANG win rate
50.0%

Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.

How these backtests work →

FANG Pattern Trade History

Every completed pattern trade our nightly backtest found on FANG's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeFeb 18, 2026 @ $172.18Mar 11, 2026 @ $176.64Win+11.0% · +0.29R
TriangleNov 26, 2025 @ $150.06Dec 11, 2025 @ $157.04Win+8.4% · +1.08R
TriangleNov 18, 2025 @ $149.53Dec 11, 2025 @ $157.04Win+8.8% · +0.60R
TriangleNov 11, 2025 @ $146.22Dec 11, 2025 @ $157.04Win+10.8% · +1.18R
TriangleNov 4, 2025 @ $139.93Nov 18, 2025 @ $149.58Loss+11.5% · -1.02R
TriangleOct 3, 2025 @ $147.50Oct 10, 2025 @ $139.82Loss+10.0% · -1.14R
Bullish PennantSep 2, 2025 @ $150.02Sep 9, 2025 @ $136.29Loss+17.3% · -1.01R
TriangleJul 15, 2025 @ $140.17Jul 28, 2025 @ $150.52Loss+15.7% · -1.96R
TriangleJun 10, 2025 @ $143.00Dec 11, 2025 @ $157.04Win+13.9% · +1.52R
TriangleAug 30, 2024 @ $194.00Sep 10, 2024 @ $175.82Win+10.9% · +3.46R
TriangleJun 24, 2024 @ $193.80Jul 19, 2024 @ $205.47Win+6.8% · +1.34R
TriangleFeb 12, 2024 @ $160.00Mar 4, 2024 @ $178.89Win+8.8% · +1.57R

Recent Triangles on Other Charts

TDGstopped −5.9%Jul 22, 2026XLEstopped −4.7%Jul 22, 2026AONhit target +9.3%Jul 21, 2026EOGstopped −4.8%Jul 21, 2026

Learn about triangle

FANG Support and Resistance Levels

On the weekly chart, price is resting in the open space between a floor below near $146.04 and a ceiling above near $258.92.

  • Price hasn't touched either edge recently, so there's no clear direction either way yet.
  • The next move usually shows itself when price reaches one of those edges — the clearest reads tend to begin right at one of these lines.

FANG Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$202.42$204.96$202.23$203.02
Jul 21, 2026$197.10$199.90$195.80$199.80
Jul 20, 2026$192.43$198.06$192.43$195.38
Jul 17, 2026$193.04$196.10$192.30$195.54
Jul 16, 2026$190.29$192.02$189.78$190.13
Jul 15, 2026$191.43$192.17$187.42$189.76
Jul 14, 2026$193.59$193.88$188.22$190.69
Jul 13, 2026$185.93$193.18$185.93$191.60
Jul 10, 2026$181.91$184.59$180.74$183.39
Jul 9, 2026$184.36$185.49$181.65$182.00

FANG Frequently Asked Questions

What chart pattern is FANG forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a triangle on Diamondback Energy (FANG) on the daily chart, with a measured-move target of $161.19.
Is a triangle bullish or bearish?
The triangle detected on FANG is a bearish pattern, projecting a measured-move target of $161.19. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.
What is the price target if FANG's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $161.19 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was FANG's closing price on Jul 22, 2026?
Diamondback Energy (FANG) last closed at $203.02 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.