Technical Analysis for FAZ - Direxion Financial Bear 3X Shares

Grade Last Price % Change Price Change
D 10.28 0.69% 0.07
FAZ closed up 0.69 percent on Wednesday, July 3, 2024, on 61 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
BB Squeeze Ended Range Expansion 0.00%
20 DMA Resistance Bearish 0.69%
Fell Below 50 DMA Bearish 0.69%
Bollinger Band Squeeze Range Contraction 0.69%
Down 3 Days in a Row Weakness 0.69%
Fell Below 20 DMA Bearish -2.74%
50 DMA Support Bullish -2.74%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 8 hours ago
Lower Bollinger Band Support about 12 hours ago
Up 1% about 12 hours ago
2x Volume Pace about 12 hours ago
1.5x Volume Pace about 12 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

Top 10 Components

Symbol Grade Price % Change Allocation
BRK.A D 0.12 7.22
JPM A -0.07 6.91
V D 0.28 5.62
MA D 0.79 4.60
BAC A -0.07 4.53
WFC C -0.51 3.00
C A -0.34 2.84
PYPL D 1.14 2.19
AMT B 1.31 1.64
FIS B 0.77 1.44

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 22.92
52 Week Low 9.5996
Average Volume 2,494,425
200-Day Moving Average 13.42
50-Day Moving Average 10.46
20-Day Moving Average 10.59
10-Day Moving Average 10.48
Average True Range 0.34
RSI (14) 44.75
ADX 14.91
+DI 17.10
-DI 28.42
Chandelier Exit (Long, 3 ATRs) 10.24
Chandelier Exit (Short, 3 ATRs) 11.06
Upper Bollinger Bands 11.05
Lower Bollinger Band 10.13
Percent B (%b) 0.17
BandWidth 8.67
MACD Line -0.02
MACD Signal Line 0.03
MACD Histogram -0.044
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.53
Resistance 3 (R3) 10.52 10.42 10.49
Resistance 2 (R2) 10.42 10.36 10.43 10.47
Resistance 1 (R1) 10.35 10.32 10.39 10.36 10.46
Pivot Point 10.26 10.26 10.27 10.26 10.26
Support 1 (S1) 10.19 10.19 10.22 10.20 10.10
Support 2 (S2) 10.09 10.15 10.10 10.09
Support 3 (S3) 10.02 10.09 10.07
Support 4 (S4) 10.03