Technical Analysis for FAZ - Direxion Financial Bear 3X Shares

Grade Last Price % Change Price Change
F 9.81 -1.51% -0.15
FAZ closed down 1.51 percent on Thursday, March 28, 2024, on 87 percent of normal volume. The bears made the stock sink to a new 52-week low. 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.
3 Watchers
Watchlist Portfolio

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%
New 52 Week Low Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Signal Line Cross Bearish -1.51%
Multiple of Ten Bearish Other -1.51%
Gapped Down Weakness -1.51%
MACD Bullish Signal Line Cross Bullish -4.76%

   Recent Intraday Alerts

Alert Time
Down 2 % about 4 hours ago
Fell Below Lower Bollinger Band about 4 hours ago
New 52 Week Low about 7 hours ago
60 Minute Opening Range Breakdown about 7 hours ago
Down 1% about 8 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 B 0.77 7.22
JPM A 0.39 6.91
V C 0.02 5.62
MA B 0.76 4.60
BAC A 0.29 4.53
WFC B 0.61 3.00
C A 0.78 2.84
PYPL C 0.63 2.19
AMT D 0.11 1.64
FIS B 0.98 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 2,661,151
200-Day Moving Average 15.91
50-Day Moving Average 11.56
20-Day Moving Average 10.63
10-Day Moving Average 10.30
Average True Range 0.32
RSI (14) 28.06
ADX 37.9
+DI 13.80
-DI 38.78
Chandelier Exit (Long, 3 ATRs) 10.38
Chandelier Exit (Short, 3 ATRs) 10.69
Upper Bollinger Bands 11.48
Lower Bollinger Band 9.78
Percent B (%b) 0.02
BandWidth 15.95
MACD Line -0.46
MACD Signal Line -0.44
MACD Histogram -0.0161
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.19
Resistance 3 (R3) 10.20 10.09 10.12
Resistance 2 (R2) 10.09 10.00 10.09 10.10
Resistance 1 (R1) 9.95 9.94 9.90 9.94 10.08
Pivot Point 9.84 9.84 9.82 9.84 9.84
Support 1 (S1) 9.70 9.75 9.65 9.69 9.54
Support 2 (S2) 9.59 9.69 9.59 9.52
Support 3 (S3) 9.45 9.59 9.50
Support 4 (S4) 9.44