Direxion Daily Financial Bear 1 (FAZZ) Stock Technical Analysis
USA - NYSEARCA:FAZZ -
Overall FAZZ gets a technical rating of 0 out of 10. FAZZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of FAZZ 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
16.57
We found 1 important support area.
- A support zone ranging from 16.74 to 16.74. 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 17.34 to 17.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.78 to 18.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.86 from a horizontal line in the daily time frame.
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 FAZZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FAZZ is down. |
| ChartMill Relative Strength | 14 | NEGATIVE | FAZZ has a low relative strength, it was outperformed by 86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAZZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FAZZ is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 36.75 | NEUTRAL | The RSI value for FAZZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FAZZ has a negative trend. |
| Stochastics (14,3) | 4.59 | OVERSOLD | The low Stochastics value suggests FAZZ may be oversold. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for FAZZ suggests low volalility. |
Direxion Daily Financial Bear 1
NYSEARCA:FAZZ (9/25/2017, 8:04:03 PM)
16.84
+0.1 (+0.6%)
Direxion Daily Financial Bear 1 / FAZZ FAQ
Can you provide the ChartMill technical rating for Direxion Daily Financial Bear 1?
ChartMill assigns a technical rating of 0 / 10 to FAZZ.
Can you provide the trend direction for Direxion Daily Financial Bear 1?
The current trend direction for Direxion Daily Financial Bear 1 (FAZZ) is Bearish.
Can you provide the RSI signal for Direxion Daily Financial Bear 1?
Direxion Daily Financial Bear 1 (FAZZ) has an RSI value of 36.7483. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Direxion Daily Financial Bear 1?
The short term momentum for Direxion Daily Financial Bear 1 (FAZZ) is negative.
What is the buy/sell signal for FAZZ stock?
The buy/sell signal for Direxion Daily Financial Bear 1 (FAZZ) is sell as both the short term and long term trends are negative.