We assign a technical rating of 0 out of 10 to FAZ. FAZ'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 FAZ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
34.76
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 36.93 to 37.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 38.17 to 38.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 39.38 to 39.98. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 41.52 to 41.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @44.45 from a trend line in the weekly time frame.
- A resistance zone ranging from 46.70 to 47.00. 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 | DOWN | NEGATIVE | The long term trend for FAZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FAZ is down. |
| ChartMill Relative Strength | 8.92 | NEGATIVE | FAZ has a low relative strength, it was outperformed by 91.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FAZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FAZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.35 | NEUTRAL | The RSI value for FAZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests FAZ has a negative trend. |
| Stochastics (14,3) | 25.73 | NEUTRAL | The Stochastics value for FAZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for FAZ suggests some volalility. |
| Average Directional Index/ADX (14) | 26.88 | POSITIVE | The high ADX value value for FAZ suggests a strong trend. |
35.11
-0.48 (-1.35%)
DIREXION DAILY FIN BEAR 3X / FAZ FAQ
What is the ChartMill technical rating of DIREXION DAILY FIN BEAR 3X (FAZ) stock?
ChartMill assigns a technical rating of 0 / 10 to FAZ.
What is the current trend direction of DIREXION DAILY FIN BEAR 3X (FAZ) stock?
The current trend direction for DIREXION DAILY FIN BEAR 3X (FAZ) is Bearish.
What is the RSI signal for DIREXION DAILY FIN BEAR 3X (FAZ) stock?
DIREXION DAILY FIN BEAR 3X (FAZ) has an RSI value of 30.3458. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for DIREXION DAILY FIN BEAR 3X?
The buy/sell signal for DIREXION DAILY FIN BEAR 3X (FAZ) is sell as both the short term and long term trends are negative.
What is the support and resistance level for FAZ stock?
DIREXION DAILY FIN BEAR 3X (FAZ) has a resistance level at 36.93. Check the full technical report for our detailed analysis of FAZ support and resistance levels.