Technical Analysis for FAZ - Direxion Financial Bear 3X Shares

Grade Last Price % Change Price Change
grade F 24.06 -1.80% -0.44
FAZ closed up 1.41 percent on Tuesday, February 18, 2020, on 1.34 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup -1.80%
Oversold Stochastic Weakness -1.80%
New 52 Week Closing Low Bearish -0.41%
Narrow Range Bar Range Contraction -0.41%
New 52 Week Low Weakness -0.41%
Down 3 Days in a Row Weakness -0.41%
Down 4 Days in a Row Weakness -0.41%
Down 5 Days in a Row Weakness -0.41%
Oversold Stochastic Weakness -0.41%
New 52 Week Closing Low Bearish -1.72%

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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.
Exchange Traded Fund Index Fund Index Economic Growth 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 51.3505
52 Week Low 24.1503
Average Volume 498,176
200-Day Moving Average 34.26
50-Day Moving Average 27.16
20-Day Moving Average 25.91
10-Day Moving Average 25.05
Average True Range 0.73
ADX 20.35
+DI 19.19
-DI 29.26
Chandelier Exit (Long, 3 ATRs ) 26.00
Chandelier Exit (Short, 3 ATRs ) 26.35
Upper Bollinger Band 28.06
Lower Bollinger Band 23.76
Percent B (%b) 0.17
BandWidth 16.59
MACD Line -0.81
MACD Signal Line -0.68
MACD Histogram -0.1303
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.45
Resistance 3 (R3) 25.44 25.12 25.29
Resistance 2 (R2) 25.12 24.88 25.12 25.23
Resistance 1 (R1) 24.81 24.73 24.97 24.82 25.18
Pivot Point 24.49 24.49 24.57 24.49 24.49
Support 1 (S1) 24.18 24.25 24.34 24.19 23.82
Support 2 (S2) 23.86 24.10 23.86 23.77
Support 3 (S3) 23.55 23.86 23.71
Support 4 (S4) 23.56