Technical Analysis for FAZ - Direxion Financial Bear 3X Shares

Grade Last Price % Change Price Change
F 26.78 -2.62% -0.72
FAZ closed down 2.62 percent on Wednesday, May 5, 2021, on 64 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. 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 EOD Signals

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

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Older End-of-Day Signals for FAZ ...

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

Alert Time
Down 3% about 10 hours ago
Down 2 % about 13 hours ago
Fell Below Lower Bollinger Band about 13 hours ago
60 Minute Opening Range Breakdown about 13 hours ago
2x Volume Pace about 14 hours ago
View Earlier Intraday Alerts

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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 A 0.81 7.22
JPM C 1.31 6.91
V B -1.22 5.62
MA C -1.80 4.60
BAC A 0.95 4.53
WFC A 0.44 3.00
C B 1.91 2.84
PYPL C -1.10 2.19
AMT C -0.11 1.64
FIS C -1.41 1.44
View All FAZ Holdings

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 251.44
52 Week Low 26.53
Average Volume 950,840
200-Day Moving Average 74.18
50-Day Moving Average 33.55
20-Day Moving Average 30.31
10-Day Moving Average 29.03
Average True Range 1.35
ADX 20.45
+DI 14.93
-DI 30.87
Chandelier Exit (Long, 3 ATRs ) 29.31
Chandelier Exit (Short, 3 ATRs ) 30.57
Upper Bollinger Band 33.80
Lower Bollinger Band 26.82
Percent B (%b) -0.01
BandWidth 23.00
MACD Line -1.93
MACD Signal Line -1.78
MACD Histogram -0.153
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.47
Resistance 3 (R3) 27.46 27.23 27.35
Resistance 2 (R2) 27.23 27.05 27.23 27.32
Resistance 1 (R1) 27.00 26.94 26.88 27.01 27.28
Pivot Point 26.77 26.77 26.71 26.77 26.77
Support 1 (S1) 26.54 26.59 26.43 26.55 26.28
Support 2 (S2) 26.31 26.48 26.31 26.24
Support 3 (S3) 26.08 26.31 26.21
Support 4 (S4) 26.09