Technical Analysis for FAZ - Direxion Financial Bear 3X Shares

Grade Last Price % Change Price Change
grade A 44.61 5.59% 2.36
FAZ closed up 5.59 percent on Friday, April 3, 2020, on 1.91 times normal volume.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Spinning Top Other 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Strong but Oversold Other 5.59%
Outside Day Range Expansion 5.59%
Wide Bands Range Expansion 5.59%
Oversold Stochastic Weakness 5.59%
Spinning Top Other -0.29%
Calm After Storm Range Contraction -0.29%
Narrow Range Bar Range Contraction -0.29%

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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

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 23.9
Average Volume 2,047,431
200-Day Moving Average 34.22
50-Day Moving Average 36.04
20-Day Moving Average 48.09
10-Day Moving Average 44.16
Average True Range 8.48
ADX 21.34
+DI 22.56
-DI 23.26
Chandelier Exit (Long, 3 ATRs ) 52.20
Chandelier Exit (Short, 3 ATRs ) 58.15
Upper Bollinger Band 69.18
Lower Bollinger Band 27.01
Percent B (%b) 0.42
BandWidth 87.68
MACD Line 1.23
MACD Signal Line 2.96
MACD Histogram -1.732
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 51.76
Resistance 3 (R3) 51.58 49.02 50.57
Resistance 2 (R2) 49.02 47.19 49.11 50.17
Resistance 1 (R1) 46.81 46.07 47.91 46.99 49.78
Pivot Point 44.25 44.25 44.80 44.34 44.25
Support 1 (S1) 42.04 42.43 43.15 42.23 39.44
Support 2 (S2) 39.48 41.30 39.57 39.05
Support 3 (S3) 37.28 39.48 38.65
Support 4 (S4) 37.46