Technical Analysis for FAZ - Direxion Financial Bear 3X Shares

Grade Last Price % Change Price Change
grade F 7.87 1.16% 0.09
FAZ closed up 1.16 percent on Monday, June 24, 2019, on 73 percent of 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 Flat
See historical FAZ trend table...

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Low Weakness 1.16%
Oversold Stochastic Weakness 1.16%
New 52 Week Closing Low Bearish 3.01%
Reversal New Lows Setup Bearish Swing Setup 3.01%
Doji - Bullish? Reversal 3.01%
New 52 Week Low Weakness 3.01%
Outside Day Range Expansion 3.01%
Down 3 Days in a Row Weakness 3.01%

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.
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
Summary: Counts: 0 bullish, 3 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 7.61
Average Volume 2,224,296
200-Day Moving Average 10.0381
50-Day Moving Average 8.2522
20-Day Moving Average 8.178
10-Day Moving Average 7.879
Average True Range 0.2499
ADX 18.69
+DI 17.3622
-DI 26.4235
Chandelier Exit (Long, 3 ATRs ) 8.450299999999999
Chandelier Exit (Short, 3 ATRs ) 8.3597
Upper Bollinger Band 9.0206
Lower Bollinger Band 7.3354
Percent B (%b) 0.32
BandWidth 20.606505
MACD Line -0.1815
MACD Signal Line -0.1525
MACD Histogram -0.029
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.12
Resistance 3 (R3) 8.09 7.98 8.08
Resistance 2 (R2) 7.98 7.92 8.00 8.06
Resistance 1 (R1) 7.93 7.88 7.96 7.95 8.05
Pivot Point 7.82 7.82 7.83 7.83 7.82
Support 1 (S1) 7.76 7.76 7.79 7.79 7.69
Support 2 (S2) 7.65 7.72 7.67 7.68
Support 3 (S3) 7.60 7.65 7.66
Support 4 (S4) 7.62