Technical Analysis for FAZ - Direxion Financial Bear 3X Shares

Grade Last Price % Change Price Change
F 7.49 2.04% 0.15
FAZ closed up 2.04 percent on Monday, November 4, 2024, on 1.36 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
Stochastic Reached Overbought Strength 0.00%
Weak + Overbought Other 0.00%
Overbought Stochastic Strength 0.00%
20 DMA Support Bullish 2.04%
Inside Day Range Contraction 2.04%
Crossed Above 20 DMA Bullish 1.77%
Pocket Pivot Bullish Swing Setup 1.77%
Hammer Candlestick Bullish 5.79%
Inside Day Range Contraction 4.61%

   Recent Intraday Alerts

Alert Time
Up 1 ATR about 10 hours ago
Up 3% about 10 hours ago
60 Minute Opening Range Breakout about 11 hours ago
1.5x Volume Pace about 12 hours ago
Up 2% about 12 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 D -1.95 7.22
JPM B -1.42 6.91
V A 0.38 5.62
MA B -0.49 4.60
BAC B -1.03 4.53
WFC B -1.52 3.00
C B -1.27 2.84
PYPL B 1.14 2.19
AMT D 0.40 1.64
FIS B 0.67 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 18.5747
52 Week Low 6.74
Average Volume 7,817,107
200-Day Moving Average 9.72
50-Day Moving Average 7.72
20-Day Moving Average 7.22
10-Day Moving Average 7.20
Average True Range 0.26
RSI (14) 51.69
ADX 16.62
+DI 25.49
-DI 18.75
Chandelier Exit (Long, 3 ATRs) 7.35
Chandelier Exit (Short, 3 ATRs) 7.51
Upper Bollinger Bands 7.81
Lower Bollinger Band 6.64
Percent B (%b) 0.73
BandWidth 16.12
MACD Line -0.15
MACD Signal Line -0.23
MACD Histogram 0.0804
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.93
Resistance 3 (R3) 7.92 7.76 7.86
Resistance 2 (R2) 7.76 7.65 7.77 7.83
Resistance 1 (R1) 7.63 7.58 7.69 7.64 7.81
Pivot Point 7.47 7.47 7.50 7.47 7.47
Support 1 (S1) 7.33 7.35 7.40 7.34 7.17
Support 2 (S2) 7.17 7.28 7.18 7.15
Support 3 (S3) 7.04 7.17 7.12
Support 4 (S4) 7.05