Stock Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
Direxion Financial Bear 3X Shares (PACF:FAZ)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FAZ
The long term trend has been UP since Oct 11th, 2018 at 11.2800
The intermediate term trend has been UP since Dec 6th, 2018 at 11.6536
The short term trend has been UP since Dec 4th, 2018 at 10.6400
Smart Scan Analysis for FAZ
Based on a pre-defined weighted trend formula for chart analysis, FAZ scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||13.39||Year High Date||2018-02-09|
|Year Low||8.8||Year Low Date||2018-09-21|
|52wk High||13.39||52wk High Date||2018-02-09|
|52wk Low||8.8||52wk Low Date||2018-09-21|
|Year End Close||15.11||Average Volume||2,953,001|