Technical Analysis for FAZ - Direxion Financial Bear 3X Shares

Grade Last Price % Change Price Change
grade B 11.78 -2.56% -0.31
FAZ closed down 2.56 percent on Tuesday, January 15, 2019, on 67 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. 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 Up Down Down
See historical FAZ trend table...

Date Alert Name Type % Chg
Jan 15 Fell Below 50 DMA Bearish 0.00%
Jan 15 MACD Bearish Centerline Cross Bearish 0.00%
Jan 15 Wide Bands Range Expansion 0.00%
Jan 15 Down 3 Days in a Row Weakness 0.00%
Jan 15 Down 4 Days in a Row Weakness 0.00%
Jan 15 Down 5 Days in a Row Weakness 0.00%
Jan 15 Oversold Stochastic Weakness 0.00%
Jan 14 50 DMA Support Bullish -2.56%
Jan 14 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -2.56%
Jan 14 Strong but Oversold Other -2.56%

Older signals for FAZ ...

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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.
Is FAZ a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 16.99
52 Week Low 8.8
Average Volume 3,981,094
200-Day Moving Average 10.7951
50-Day Moving Average 12.0618
20-Day Moving Average 13.5355
10-Day Moving Average 12.688
Average True Range 0.7918
ADX 19.4
+DI 17.3429
-DI 23.882
Chandelier Exit (Long, 3 ATRs ) 14.6146
Chandelier Exit (Short, 3 ATRs ) 14.0954
Upper Bollinger Band 15.9015
Lower Bollinger Band 11.1695
Percent B (%b) 0.13
BandWidth 34.95992
MACD Line -0.0763
MACD Signal Line 0.2559
MACD Histogram -0.3321
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.56
Resistance 3 (R3) 12.63 12.43 12.43
Resistance 2 (R2) 12.43 12.23 12.40 12.39
Resistance 1 (R1) 12.11 12.11 12.01 12.04 12.34
Pivot Point 11.91 11.91 11.87 11.88 11.91
Support 1 (S1) 11.59 11.71 11.49 11.52 11.22
Support 2 (S2) 11.39 11.59 11.36 11.17
Support 3 (S3) 11.07 11.39 11.13
Support 4 (S4) 11.00