Technical Analysis for FAZ - Direxion Financial Bear 3X Shares

Grade Last Price % Change Price Change
grade F 13.98 -1.06% -0.15
FAZ closed down 1.06 percent on Tuesday, August 11, 2020, on 78 percent of normal volume. 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 Signals

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

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 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%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -1.06%

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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 ETF Index Fund Index Leveraged ETF Ultra ETF Bear Market ETF Inverse ETF Russell 1000 High Eff Defensive Mod

Top 10 Components

Symbol Grade Percentage
JPM 6.91
V 5.62
MA 4.60
BAC 4.53
WFC 3.00
C 2.84
PYPL 2.19
AMT 1.64
FIS 1.44
AXP 1.41
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 77.6394
52 Week Low 13.33
Average Volume 5,866,548
200-Day Moving Average 27.07
50-Day Moving Average 16.42
20-Day Moving Average 15.41
10-Day Moving Average 14.84
Average True Range 0.79
ADX 22.36
+DI 12.65
-DI 34.99
Chandelier Exit (Long, 3 ATRs ) 15.53
Chandelier Exit (Short, 3 ATRs ) 15.70
Upper Bollinger Band 16.83
Lower Bollinger Band 13.98
Percent B (%b) 0.0
BandWidth 18.47
MACD Line -0.84
MACD Signal Line -0.77
MACD Histogram -0.0677
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.11
Resistance 3 (R3) 15.01 14.55 14.92
Resistance 2 (R2) 14.55 14.26 14.59 14.85
Resistance 1 (R1) 14.26 14.08 14.41 14.36 14.79
Pivot Point 13.80 13.80 13.87 13.84 13.80
Support 1 (S1) 13.51 13.51 13.66 13.61 13.17
Support 2 (S2) 13.05 13.33 13.09 13.11
Support 3 (S3) 12.76 13.05 13.04
Support 4 (S4) 12.86