Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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FANG · Diamondback Energy, Inc.

$207.13 +0.67% Oct 26 close
Detected setup Trend Only · Setup Score 82/100

Stand aside — setup invalidated

Setup score 82, but distribution days reach 5 or more — stand aside until the condition resets.

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$FANG

Diamondback Energy, Inc.

Diamondback Energy, Inc. is a large-cap Oil & Gas Production company in the Energy Minerals sector with a market cap of $58B.

Energy Minerals Oil & Gas Production stock Stage 2 · Advancing Base 2
$207.13 latest close
Market Structure
Trend structure: range
Latest event: bos (bearish)
Support 186.02–187.34 · 4 touches · moderate
Support 156.34–156.85 · 3 touches · moderate
Resistance 210.55–211.69 · 3 touches · moderate
Support 188.98–190.05 · 3 touches · moderate
Support 203.79–205.00 · 3 touches · moderate
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Verdict · setup score 82/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 82, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart
Recent price action · daily
$200$220AugSepOct$207

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 2. ROE ≥ 17% — ROE 3.9%
  • O'Neil L: RS rank ≥ 80 (IBD leadership) — RS rank 75
  • O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
  • Weinstein Volume expansion above average — Volume ratio 0.55x
  • Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
  • Dennis S1: 20-day Donchian breakout
Minority view — the council disagrees here
  • Minervini: watch Trend-template read: 9/10 pass; wait for the soft misses to improve.
  • O'Neil: avoid CANSLIM read: fails L: RS rank ≥ 80 (IBD leadership).
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
65 Strong
Legend Score · rates the stock Strong (65/100) — held back by eps growth

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 76
  • Trend Template (25%) 100
  • Institutional Footprint (20%) 49
  • EPS Growth (15%) 31
  • Quality (SMR-like) (15%) 44

RS rank 75: above-average strength. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 49: neutral — no clear institutional conviction. EPS up +1% — growing, but below the 25% leadership bar. Quality 44: weak fundamentals (sales growth 31, return on equity 40, leverage 100). Updated 2026-10-27.

Earnings

Pre-earnings setup

Next earnings Monday, November 2, 2026 After market close Exact clock time not supplied by source

Deterministic evidence

FANG+0.67%
Sector proxy · XLE+0.45%
Broad market · SPY+0.71%
Same completed session window ending 2026-10-26. FANG was +0.22 points vs XLE. -0.04 points vs SPY.
CatalystPending Stock reactionPositive Sector reactionWeak Opening surgePending Event riskEarnings-driven

Session internals Mixed

Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.

Vs prior close+0.67% From the open+0.67% Range position65% GapNo gap
QQQ confirmationConfirming (+1.11%) SMH confirmationConfirming (+2.74%)
Short-term conviction -1 points.
  • A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $207.13 +0.7% Oct 26 close
52W High $216.90 4.5% below high
Wks Since High 24w 9w today
Base Depth 19.5% 16.2% today
RS Rank 47 percentile of scan
SMA 50 $197.51
Avg Vol 2,545,148
Rel Vol (Oct 26) 0.55× 1.96× on up days
More stats
52W Low $137.03
Tight Wks 1
Base B2
SMA 200 $188.50
RS Line vs High -15.0%
RS Line Slope +12.4% ▲
Group Rank #15/66
ADR% 2.4%
ATR(14) $5.93 (2.9%)
Vol Pace (live) N/A
A/D Days 7A / 7D
A/D Rating C
VDU Bars 0/10 d
Earnings in 6d
Position in 52-week range 88thpercentile of the 52-week range
$137.03low
$216.90high

FANG Chart

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Technical Analysis Report Card

$FANG · $207.13 · as of 2026-10-26 · multi-factor read
96
/ 100
Technicals 96/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating
Weekly ▲ Uptrend
Monthly ▲ Uptrend

Moving Averages

50-day$197.51 ↑
100-day$194.31 ↑
200-day$188.50 ↑
Bullish (50 > 200)

RSI (14)

Reading63.8 · Bullish

Bullish momentum — comfortably in buyer territory.

MACD (12/26/9)

StateBullish
Histogram+1.647

Bullish — MACD above its signal line and above zero. Histogram expanding.

Bollinger Bands (20,2)

%B / Width89% · 17.0%

Near the upper band — buyers in control.

Volume · Buyer vs Seller

Up/Down vol1.96 · Accumulation
Rel volume0.55×
Pocket pivots · 10d0
5d vs 50d vol69%
Heavy vol up / down0 / 0

Accumulation — volume is concentrated on up days; buyers dominate. Recent volume is easing versus its baseline.

Support & Resistance

R · $213.38swing level
R · $216.9052-week high
Price · $207.13now
S · $196.65swing level
S · $189.50swing level
S · $185.66swing level

Fibonacci · Uptrend swing

23.6% ◄ price here$205.86
38.2%$199.02
50.0%$193.50
61.8%$187.98
78.6%$180.12

Retracement support zones measured from the recent swing low up to the high.

The verdict is free. The trade plan is Pro.
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Weekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishVolume accumulation
Want this read in a legend's voice? Ask a Legend about FANG
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (82/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 7 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Watch A Trend-template read: 9/10 pass; wait for the soft misses to improve.

partialMonitor Trend Only for tighter volatility contraction before entry. SEPA Grade B (5/7).

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $207.13, MA150 $195.06, MA200 $188.50
1.2 150-day MA > 200-day MAMA150 $195.06 vs MA200 $188.50
Failing evidence
2. ROE ≥ 17%ROE 3.9%
9/10 checks
Method → Playbook → Ask →
O'Neil Avoid D CANSLIM read: fails L: RS rank ≥ 80 (IBD leadership).
Passing evidence
C: Quarterly EPS acceleration ≥ 25%+53.2% QoQ
A: Annual earnings & revenue qualityRev +35.8% | ROE 3.9%
Failing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 75
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
4/8 checks
Method → Playbook → Ask →
Weinstein Watch C Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $207.13 vs MA200 $188.50
Failing evidence
Volume expansion above averageVolume ratio 0.55x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
5/7 checks
Method → Playbook → Ask →
dennis Watch C Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $181.85
Volatility-unit sizing (1N ≈ 1% of equity)1N = $5.67 (2.74% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/7 checks
Method → Playbook → Ask →
zanger Avoid D Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $238.20-$248.56; trail the rest
Trail on the 10/20-day MA10-day MA $201.17 · 20-day MA $194.10 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlyTrend Only is not one of Zanger's six
Not extended (≤5% above the breakout point)Data unavailable
3/6 checks
Method → Playbook → Ask →
zweig Watch D Zweig read: part of his screen passes but not all: Reasonable price for the growth (P/E ≤ 35); Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
EPS growth above the market (≥15% QoQ)+53.2% QoQ — Zweig wants growth above the S&P average
Price strength (RS ≥ 70)RS score 75 — Zweig buys strength, not bargains
Failing evidence
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 36.1x — no PEG or forward P/E stored
Insider buyingNo insider buying flagged
4/8 checks
Method → Playbook → Ask →
Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$207.13
Relative strengthRS 75
Failing evidence
Volume vs average0.55x
Pivotal point cleared on expanding volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.

mediumBuilding the top of the box (4.5% from 52W high) — watch for a box breakout with volume expansion.

Passing evidence
Price$207.13
Relative strengthRS 75
Failing evidence
Volume vs average0.55x
Box top broken on heavy volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$207.13
Relative strengthRS 75
Failing evidence
Volume vs average0.55x
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
4/6 checks
Method → Playbook → Ask →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Unlock Base & Breakout Tracking
RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
128RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net -2 C
A: 16 D: 18 Net: -265 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 5/7 met
B 5/7 criteria
Separate score from the Minervini Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✓ EPS acceleration ≥25% QoQ +53%
✓ Revenue growth ≥20% YoY +36%
✓ Gross margin ≥30% 68%
✗ ROE ≥17% 4%
✗ RS rating ≥80 (leadership) 75
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -4.5%

Method Playbook

Trade it like Minervini EXACT LEVELS · PRO
Minervini A · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the tight base's structural pivot; the setup must retain Trend Template leadership into the trigger.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a decisive move through the pivot with volume confirmation, and do not initiate more than 5% above it.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start at the tighter structural invalidation; the initial loss limit must not exceed roughly 7–8% from entry.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Hold the initial stop until the trade proves itself; near +1R move to breakeven, then trail a higher low or rising 10/21-day average once well extended.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when the structural stop or a meaningful higher-low/short-term trend violation fires; never widen the stop.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Forming Patterns (predictive — not confirmed)

Cup & Handle bullish early
60% built

Cup base building — 72% of the 16%-deep cup recovered. Watch for the right side to reach ~216.90, then a handle.

Pivot Watch 4.50% away
Tightness / volume Tightening · VDU
Recent-pace band 4–12 sessions
Confirms above 216.90
Invalidates at 199.38
Rim 216.90
Cup Low 181.85
Pivot 216.90
Mid Cup 199.38

Cup depth 16%, recovery 72%, handle=not yet

Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.

Pattern Analysis

Trend Only
82 setup score
RS Score 75
Trend template 8/8 ✓
Why This Setup? D+W Confluence
Trend Only · schematic

Gatekeeper 8/8 | Strong trend (8/8) | Good RS (75) | Volume drying up (bullish) | Accumulation (2.0× up/dn vol) | Stage 2

Ask a Legend ▾
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

1/7 universals met
  • A relative-strength leader — not met RS rank 47 — laggard
  • Clear of earnings — not met in 6 days — event risk
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 0.6× average — light
  • In a confirmed uptrend — met Stage 2 · Trend template 8/8
Why these seven? → The Universal Edge

Minervini Trend Template

8/8 ✓

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $207.13 vs SMA150 $195.06 / SMA200 $188.50
SMA 150 above SMA 200 SMA150 $195.06 vs SMA200 $188.50
SMA 200 trending up Slope +4.42 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $197.51
Price above SMA 50 $207.13 vs SMA50 $197.51
30%+ above 52-week low +51.2% from $137.03
Within 25% of 52-week high -4.5% from $216.90
RS score above 70 RS 75

Fundamentals

52W Range
88%
Mkt Cap SEC
58.0B
EPS QoQ
+53%
Rev YoY
+36%
ROE
4%
Gross Margin
68%
D/E
0.39
EPS TTM
$5.73
P/E TTM
36.1x
Float
280M
Insider
No Buy

Company

Company profile
Diamondback Energy, Inc.
FANG · NASDAQ · Energy Minerals · Oil & Gas Production
Track all markets on TradingView

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
7/8
W. RS
68
W. Support
$170.10
W. Resist
$216.90
W. Patterns
Cup & Handle
Weekly Structure

Scan History

18× streak
Oct 23: 0 (watchlist_candidate)Oct 26: 85 (Trend Only)Oct 27: 82 (Trend Only)Oct 27: 83 (Trend Only)83
Oct 27
Trend Only ✓ Gate
83
Oct 27
Trend Only ✓ Gate
82
Oct 26
Trend Only ✓ Gate
85 0.0%
Oct 23
watchlist_candidate
0 +0.7%

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