Stock Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
DIREXION DAILY FINANCIAL BEAR (PACF:FAZ)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Apr 1st, 2016 at 41.560
The intermediate term trend has been UP since Nov 15th, 2017 at 13.950
The short term trend has been DOWN since Nov 15th, 2017 at 13.555
Smart Scan Analysis for FAZ
Based on a pre-defined weighted trend formula for chart analysis, FAZ scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||22.079||Year High Date||2017-01-18|
|Year Low||12.97||Year Low Date||2017-11-07|
|52wk High||25.96||52wk High Date||2016-11-17|
|52wk Low||12.97||52wk Low Date||2017-11-07|
|Year End Close||15.11||Average Volume||1,021,819|