Is FANG Worth Buying in 2026?

Diamondback Energy, Inc.

STOCK CRUDE PETROLEUM & NATURAL GAS Updated 2026-06-07

Here’s whether Diamondback Energy, Inc. (FANG) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bullish.

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Bullish

Positives: trading above the 200-day MA (long-term uptrend intact); 50-day MA is rising (+0.98% over 10 days); RSI 41 — healthy momentum range; strong 1-year return of +40.1%; 3-month momentum positive (+5.3%). Concerns: below the 50-day MA (medium-term momentum negative). Currently 10.2% off its 52-week high. Score: +5/7.

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FANG is holding above its long-term 200-day MA ($164.77) but has slipped below the 50-day MA ($196.61), pointing to short-term weakness in an otherwise intact trend. An RSI of 40.9 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +40.1% compares to +24.4% for SPY (beat the market by 15.8%).

$10,000 invested 1 year ago → $14,014 today
vs. S&P 500 (SPY) — same period beat market by 15.8%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($164.77)
Above 50-day MA ($196.61)
RSI(14) neutral zone (30–70) — currently 40.9
Positive return (+40.1%)
!Within 10% of period high (−10.2%)
Period Range $192.62
$134.30 $214.51
RSI (14) 40.9
0 · OversoldOverbought · 100

Key Metrics

Price$192.62
Period Return+40.1%
Period High$214.51
Period Low$134.30
Drawdown−10.2%
MA-50$196.61
MA-200$164.77
RSI (14)40.9
Avg Volume (30d)2.4M
vs. SPYbeat by 15.8%
Return Rank#399 of 1245

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