Technical Analysis for FAS - Direxion Financial Bull 3X Shares

Grade Last Price % Change Price Change
D 73.08 -0.10% -0.07
FAS closed down 0.1 percent on Friday, May 20, 2022, on 1.11 times normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. 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.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Hammer Candlestick Bullish 0.00%
New 52 Week Low Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Multiple of Ten Bullish Other 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
New 52 Week Low about 15 hours ago
Down 5% about 16 hours ago
Outside Day about 17 hours ago
Down 3% about 17 hours ago
Fell Below Previous Day's Low about 17 hours ago

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000® Financial Services Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000® Financial Services Index ("index") and/or financial instruments that 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 Investment Management Leveraged ETF Ultra ETF Russell 1000 High Eff Defensive Mod

Top 10 Components

Symbol Grade Price % Change Allocation
BRK.A B 0.10 7.19
JPM F -0.82 4.94
BAC F -1.71 3.78
WFC F -0.79 3.01
SPGI B 3.12 2.15
MS F -0.74 2.00
GS D -0.45 1.89
C B -0.06 1.84
SCHW F 0.99 1.79
CB A 0.06 1.67
View All FAS Holdings

Is FAS 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 155.8163
52 Week Low 68.31
Average Volume 1,615,837
200-Day Moving Average 121.94
50-Day Moving Average 101.22
20-Day Moving Average 82.36
10-Day Moving Average 75.66
Average True Range 6.72
RSI 35.06
ADX 30.55
+DI 15.88
-DI 34.96
Chandelier Exit (Long, 3 ATRs) 95.79
Chandelier Exit (Short, 3 ATRs) 88.47
Upper Bollinger Bands 97.62
Lower Bollinger Band 67.10
Percent B (%b) 0.2
BandWidth 37.06
MACD Line -8.10
MACD Signal Line -8.21
MACD Histogram 0.1071
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 84.59
Resistance 3 (R3) 84.28 80.13 82.67
Resistance 2 (R2) 80.13 77.20 80.29 82.03
Resistance 1 (R1) 76.61 75.39 74.53 76.92 81.39
Pivot Point 72.46 72.46 71.42 72.61 72.46
Support 1 (S1) 68.93 69.53 66.86 69.24 64.77
Support 2 (S2) 64.78 67.72 64.94 64.13
Support 3 (S3) 61.26 64.78 63.49
Support 4 (S4) 61.57