Technical Analysis for FAZ - Direxion Financial Bear 3X Shares

Grade Last Price % Change Price Change
C 10.89 0.28% 0.03
FAZ closed up 0.65 percent on Friday, April 26, 2024, on 64 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Support Bullish 0.28%
Crossed Above 50 DMA Bullish 0.28%
Up 3 Days in a Row Strength 0.28%
50 DMA Resistance Bearish 0.93%
MACD Bearish Signal Line Cross Bearish 0.93%
Crossed Above 20 DMA Bullish 0.93%
Pocket Pivot Bullish Swing Setup 0.93%
Gapped Up Strength 0.93%
20 DMA Resistance Bearish 2.64%
NR7 Range Contraction 2.64%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout 17 minutes ago
Possible NR7 about 1 hour ago
Possible Inside Day about 1 hour ago
20 DMA Support about 3 hours ago
50 DMA Support about 3 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 0.03 7.22
JPM B -0.09 6.91
V C -0.88 5.62
MA C -1.10 4.60
BAC A -0.40 4.53
WFC A 0.35 3.00
C A -0.41 2.84
PYPL A 1.80 2.19
AMT F 1.29 1.64
FIS B -0.03 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 23.2433
52 Week Low 9.735
Average Volume 3,034,046
200-Day Moving Average 15.10
50-Day Moving Average 10.86
20-Day Moving Average 10.81
10-Day Moving Average 11.17
Average True Range 0.39
RSI (14) 49.49
ADX 20.57
+DI 23.50
-DI 23.61
Chandelier Exit (Long, 3 ATRs) 10.74
Chandelier Exit (Short, 3 ATRs) 10.92
Upper Bollinger Bands 11.97
Lower Bollinger Band 9.65
Percent B (%b) 0.52
BandWidth 21.48
MACD Line 0.03
MACD Signal Line 0.05
MACD Histogram -0.0158
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.24
Resistance 3 (R3) 11.22 11.08 11.17
Resistance 2 (R2) 11.08 10.98 11.09 11.15
Resistance 1 (R1) 10.97 10.93 10.90 10.99 11.13
Pivot Point 10.83 10.83 10.80 10.84 10.83
Support 1 (S1) 10.72 10.73 10.65 10.74 10.59
Support 2 (S2) 10.58 10.68 10.59 10.57
Support 3 (S3) 10.47 10.58 10.55
Support 4 (S4) 10.49