DIRX DLY FINACIAL B3X ETF-UI (FAS) Technical Analysis
NYSEARCA:FAS • US25459Y6941
Current stock price
FAS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to FAS. FAS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, FAS is a bad performer in the overall market: 88% of all stocks are doing better.
- FAS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FAS is lagging the market.
- FAS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
FAS Weekly and Daily overview Charts
FAS Setup Rating and Analysis
FAS has a poor technical rating and the quality of the setup is also only medium 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
FAS Support and Resistance Analysis
113.61
We found 1 important support area.
- A support zone ranging from 114.76 to 114.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @129.86 from a trend line in the daily time frame.
- Resistance @174.68 from a trend line in the weekly time frame.
- A resistance zone ranging from 180.53 to 182.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
FAS Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for FAS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FAS is down. |
| ChartMill Relative Strength | 12.99 | NEGATIVE | FAS has a low relative strength, it was outperformed by 87.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FAS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FAS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.13 | NEUTRAL | The RSI value for FAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests FAS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.54 | OVERSOLD | The low Stochastics value suggests FAS may be oversold. |
| Average True Range in percent/ATR (20) | 6.6 | HIGH VOLATILITY | The high ATR as a percentage value for FAS suggests high volalility. |
| Average Directional Index/ADX (14) | 39.58 | POSITIVE | The high ADX value value for FAS suggests a strong trend. |
FAS Chart- and CandleStick Pattern Analysis
FAS Technicals: Chart, Performance Metrics, Trend & Indicators
116.02
+0.69 (+0.6%)
DIRX DLY FINACIAL B3X ETF-UI / FAS TA FAQ
What is the technical rating for FAS stock?
ChartMill assigns a technical rating of 0 / 10 to FAS.
What is the current trend direction of DIRX DLY FINACIAL B3X ETF-UI (FAS) stock?
The current trend direction for DIRX DLY FINACIAL B3X ETF-UI (FAS) is Bearish.
Can you provide the RSI signal for DIRX DLY FINACIAL B3X ETF-UI?
DIRX DLY FINACIAL B3X ETF-UI (FAS) has an RSI value of 33.1276. This indicates that the stock is currently neutral.
What is the MACD signal for FAS stock?
The MACD indicator for DIRX DLY FINACIAL B3X ETF-UI (FAS) has a value of -0.22764, indicating a bearish trend.
What is the short term momentum for FAS stock?
The short term momentum for DIRX DLY FINACIAL B3X ETF-UI (FAS) is negative.