Technical Analysis for FAS - Direxion Financial Bull 3X Shares

Grade Last Price % Change Price Change
grade D 36.69 0.55% 0.20
FAS closed up 0.55 percent on Thursday, August 6, 2020, on 34 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical FAS trend table...

Date Alert Name Type % Chg
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Gapped Up Strength 0.55%
Narrow Range Bar Range Contraction 4.50%
NR7 Range Contraction 4.50%
NR7-2 Range Contraction 4.50%
Narrow Range Bar Range Contraction 4.32%
NR7 Range Contraction 4.32%
Overbought Stochastic Strength 4.32%
Stochastic Sell Signal Bearish 4.92%

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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.
Exchange Traded Fund ETF Index Fund Institutional Investors Index Investment Management Leveraged ETF Ultra ETF Russell 1000 High Eff Defensive Mod

Top 10 Components

Symbol Grade Percentage
V 1.30
JPM 1.18
MA 1.06
PYPL 0.81
BAC 0.71
AMT 0.45
C 0.41
WFC 0.37
SPGI 0.34
BLK 0.34
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 108.13
52 Week Low 14.25
Average Volume 5,313,537
200-Day Moving Average 58.73
50-Day Moving Average 34.17
20-Day Moving Average 34.35
10-Day Moving Average 35.25
Average True Range 1.64
ADX 12.7
+DI 27.39
-DI 16.34
Chandelier Exit (Long, 3 ATRs ) 31.98
Chandelier Exit (Short, 3 ATRs ) 34.10
Upper Bollinger Band 37.10
Lower Bollinger Band 31.60
Percent B (%b) 0.92
BandWidth 16.01
MACD Line 0.89
MACD Signal Line 0.68
MACD Histogram 0.2075
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 38.06
Resistance 3 (R3) 37.97 37.43 37.83
Resistance 2 (R2) 37.43 37.08 37.47 37.75
Resistance 1 (R1) 37.06 36.87 37.25 37.15 37.68
Pivot Point 36.52 36.52 36.61 36.56 36.52
Support 1 (S1) 36.15 36.17 36.34 36.24 35.70
Support 2 (S2) 35.61 35.96 35.65 35.63
Support 3 (S3) 35.24 35.61 35.55
Support 4 (S4) 35.33