DIREXION DAILY FIN BULL 3X (FAS) Stock Technical Analysis
NYSEARCA:FAS - NYSE Arca - US25459Y6941 - ETF - Currency: USD
Taking everything into account, FAS scores 5 out of 10 in our technical rating. Although FAS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month FAS has a been trading in the 144.44 - 189.23 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Looking at the yearly performance, FAS did better than 90% of all other stocks. We also observe that the gains produced by FAS over the past year are nicely spread over this period.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
FAS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
FAS has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
139.43
183.82
When analyzing the support we can see 3 important areas.
- Support @149.95 from a trend line in the daily time frame.
- Support @144.94 from a trend line in the daily time frame.
- A support zone ranging from 140.84 to 140.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 152.56 to 153.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 166.73 to 168.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @182.00 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.4
Mansfield1.29
10 Day High189.23
10 Day Low144.44
20 Day High189.23
20 Day Low144.44
52 Week High189.23
52 Week Low92.06
Performance
1 Week-17.35%
2 Weeks-10.39%
1 Month-17.81%
3 Month-11.16%
6 Month25.57%
12 Month51.2%
2 Year164.52%
3 Year29.75%
5 Year550.26%
10 Year399.26%
15 Year5592.75%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-3.27
RSI(14)35.43
LBB151.22
UBB192.26
152.55
-2.67 (-1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.72%
1 Week-17.35%
2 Weeks-10.39%
1 Month-17.81%
3 Month-11.16%
6 Month25.57%
12 Month51.2%
2 Year164.52%
3 Year29.75%
5 Year550.26%
10 Year399.26%
15 Year5592.75%
Volatility
ATR(14)10.04
ATR(20)%5.75%
ATR Inc22.7%
Range Today10.03
ADR(20)8.1
ADR(20)%5.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.4
Mansfield1.29
10 Day High189.23
10 Day Low144.44
20 Day High189.23
20 Day Low144.44
52 Week High189.23
52 Week Low92.06
CS1 End149.95
CR1 Start152.56
Volume & EV
DER(3)-3%
DER(5)-5.87%
Volume1.14M
Volume Incr73.09%
Vol(5)1.13M
Vol(50)736.33K