FANG Price Prediction Next Week
Technical Analysis: Based on the latest data, FANG stock shows bearish signals with RSI at 34.63 indicating oversold conditions but not yet at extreme levels. The stock has declined from recent highs, closing at $156.12 on Friday with increased volume of 3.9M shares.
News Sentiment Analysis: Recent news coverage has been relatively light for FANG specifically. The broader market sentiment remains cautious amid concerns over tech valuations and upcoming economic data releases.
Price Prediction for Next Week:
Key technical levels to watch:
- Support: $155.59 (Friday's low)
- Resistance: $161.48 (Friday's high)
- Critical support: $152.00 (previous swing low)
Based on technical indicators and market conditions:
Bearish Scenario (60% probability):
- Target: $152-154 range
- Drivers: Continued tech sector weakness, broader market correction
Neutral Scenario (30% probability):
- Target: $156-158 range
- Drivers: Market stabilization, oversold bounce
Bullish Scenario (10% probability):
- Target: $160-162 range
- Drivers: Strong sector rotation, positive market sentiment shift
Trading Recommendation: SELL with target price of $153. The stock shows weakening momentum with declining volume patterns and bearish technical signals. Set stop loss at $162 to manage risk.
FANG Similar Chart Price Prediction
The price of FANG is predicted to go up 8.56%, based on the high correlation periods with WBD. The similarity of these two price pattern on the periods is 98.11%.
FANG
WBD
Up: 8.56%Similarity: 98.11%
FANG Revenue Forecast
FANG EPS Forecast
FANG FAQs
What is bull’s view on FANG?
What is bear's view on FANG?
What is FANG revenue forecast for next quarter？
What is FANG eps forecast for next quarter？
FANG VS S&P500
Diamondback is one of the lowest-cost oil producers operating in the United States.
The firm generates substantial free cash under a wide range of commodity scenarios and has to pledged to return at least 50% of that to shareholders.
Diamondback has been an early adopter of returns-enhancing technology in the field, and is expected to remain at the leading edge.
FANG Analyst's Forecast
John Freeman
Raymond James
Strong Buy
2025-01-23
Price Target
$237 → $256
Upside
+49.83%
Raymond James raised the firm's price target on Diamondback Energy to $256 from $237 and keeps a Strong Buy rating on the shares. The fourth quarter was "forgettable" from a stock performance perspective, but has set the Exploration and Production group up nicely going into the New Year, the analyst tells investors in a research note. The firm expects largely in-line results from its coverage, and notes that efficiency gains continued at a pace that almost nobody anticipated, production growth is largely not the goal, and looks like a by-product of these efficiency gains, and says that it expects acquisitions to continue. The firm expects a beat on costs and capital expenditures from Diamondback, and sees the company choosing free cash flow over growth.
Arun Jayaram
JP Morgan
Buy
2025-01-17
Price Target
$191 → $195
Upside
+8.23%
Neal Dingmann
Truist Securities
Strong Buy
2025-01-13
Price Target
$230 → $236
Upside
+30.98%
