Diamond Hill's 15min chart signals bearish reversal with MACD, KDJ death crosses.

Diamond Hill's 15-minute chart has recently triggered a MACD Death Cross and a KDJ Death Cross, which occurred at 08:45 on August 29, 2025. This technical indicator suggests that the stock price has the potential to continue falling, as the momentum of the stock price is shifting towards the downside and may experience further decreases.

Diamondback Energy Inc. (NASDAQ: FANG) has encountered a series of technical setbacks, with its 15-minute chart triggering both a MACD Death Cross and a KDJ Death Cross at 08:45 on August 29, 2025. These indicators suggest a potential continuation of the stock's downward trend, as momentum shifts towards the downside.

The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, indicating a bearish trend. Similarly, the KDJ (K Moving Average, D Moving Average, J Moving Average) Death Cross signals a shift in the stock's momentum towards the downside. These indicators are often used by technical analysts to predict future price movements.

In addition to these technical challenges, Diamondback Energy reported a miss in earnings per share (EPS) during its latest quarterly earnings report. The company's EPS was $2.67, falling short of analysts' estimates of $2.72. Despite this, the company's revenue increased by 48.1% year-over-year to $3.68 billion [1].

Rafferty Asset Management LLC, one of the company's major shareholders, reduced its stake in Diamondback Energy by 7.8% during the first quarter, selling nearly 13,000 shares. The firm now holds 152,524 shares valued at approximately $24.39 million [1]. This reduction in holdings comes amid a broader trend of institutional investors adjusting their positions in the company.

Diamondback Energy's recent dividend declaration, with a $1.00 quarterly dividend and a 2.8% yield, may provide some support to the stock price, but the technical indicators suggest a potential continuation of the downward trend. The company's payout ratio of 28.43% indicates that the dividend is relatively sustainable, but the stock's price-to-earnings ratio of 10.23 and debt-to-equity ratio of 0.35 also suggest that the company is operating in a challenging environment [1].

Overall, Diamondback Energy faces a complex landscape of technical challenges and earnings misses, which may continue to weigh on the stock's performance. Investors should closely monitor the company's financial health and the broader market conditions that could impact its stock price.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-rafferty-asset-management-llc-trims-stake-in-diamondback-energy-inc-fang-2025-08-27/