We assign a technical rating of 2 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 technical rating of FAS is bad and it also does not present a 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
113.79
3 important support areas can be observed.
- Support @153.22 from a horizontal line in the weekly time frame.
- A support zone ranging from 148.42 to 149.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @114.94 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 170.05 to 170.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @176.64 from a horizontal line in the daily time frame.
- A resistance zone ranging from 182.00 to 185.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for FAS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FAS is neutral. |
| ChartMill Relative Strength | 26.17 | NEGATIVE | FAS has a low relative strength, it was outperformed by 73.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FAS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FAS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FAS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.88 | NEUTRAL | The RSI value for FAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests FAS has a positive trend. |
| Stochastics (14,3) | 45.15 | NEUTRAL | The Stochastics value for FAS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for FAS suggests some volalility. |
| Average Directional Index/ADX (14) | 14.38 | NEGATIVE | The low ADX value for FAS suggests a weak or negative trend. |
167.71
+3.28 (+1.99%)
DIREXION DAILY FIN BULL 3X / FAS FAQ
What is the technical rating for FAS stock?
ChartMill assigns a technical rating of 2 / 10 to FAS.
Can you provide the trend direction for DIREXION DAILY FIN BULL 3X?
The current trend direction for DIREXION DAILY FIN BULL 3X (FAS) is Bearish.
Can you provide the RSI signal for DIREXION DAILY FIN BULL 3X?
DIREXION DAILY FIN BULL 3X (FAS) has an RSI value of 53.8785. This indicates that the stock is currently neutral.
What is the short term momentum for DIREXION DAILY FIN BULL 3X (FAS) stock?
The short term momentum for DIREXION DAILY FIN BULL 3X (FAS) is neutral.
Can you provide the support and resistance levels for DIREXION DAILY FIN BULL 3X?
DIREXION DAILY FIN BULL 3X (FAS) has a support level at 153.22 and a resistance level at 170.05. Check the full technical report for our detailed analysis of FAS support and resistance levels.