Technical Analysis for FAZ - Direxion Financial Bear 3X Shares

Grade Last Price % Change Price Change
F 5.96 0.85% 0.05
FAZ closed up 0.85 percent on Wednesday, November 20, 2024, on 1.25 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Flat

Date Alert Name Type % Chg
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Spinning Top Other 0.85%
Wide Bands Range Expansion 0.85%
Gapped Up Strength 0.85%
Oversold Stochastic Weakness 0.85%
New 52 Week Closing Low Bearish 2.94%
Wide Bands Range Expansion 2.94%
Oversold Stochastic Weakness 2.94%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 20 hours ago
Up 2% about 21 hours ago
Rose Above Previous Day's High about 21 hours ago
1.5x Volume Pace about 21 hours ago
Outside Day about 21 hours ago

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000® Financial Services Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Index Fund Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Russell 1000 High Eff Defensive Mod

Is FAZ a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 16.0993
52 Week Low 5.73
Average Volume 9,314,062
200-Day Moving Average 9.35
50-Day Moving Average 7.23
20-Day Moving Average 6.52
10-Day Moving Average 5.93
Average True Range 0.27
RSI (14) 35.48
ADX 30.87
+DI 16.04
-DI 31.61
Chandelier Exit (Long, 3 ATRs) 6.80
Chandelier Exit (Short, 3 ATRs) 6.53
Upper Bollinger Bands 7.84
Lower Bollinger Band 5.20
Percent B (%b) 0.29
BandWidth 40.47
MACD Line -0.43
MACD Signal Line -0.41
MACD Histogram -0.0224
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.29
Resistance 3 (R3) 6.29 6.17 6.23
Resistance 2 (R2) 6.17 6.09 6.17 6.22
Resistance 1 (R1) 6.07 6.04 6.12 6.07 6.20
Pivot Point 5.95 5.95 5.98 5.95 5.95
Support 1 (S1) 5.85 5.87 5.90 5.85 5.72
Support 2 (S2) 5.73 5.82 5.74 5.70
Support 3 (S3) 5.63 5.73 5.69
Support 4 (S4) 5.63