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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Direxion Financial Bear 3X Shares (PACF:FAZ)
Sidelines Mode (-55) - FAZ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FAZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for FAZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FAZ
The long-term trend has been DOWN since Nov 29th, 2023 at 16.40
The intermediate-term trend has been UP since Apr 11th, 2024 at 11.11
The short-term trend has been DOWN since Apr 19th, 2024 at 11.35
Smart Scan Analysis for FAZ
Based on our trend formula, FAZ is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.5200 | 11.5500 | 11.1304 | 11.1900 | -0.4700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.6600 | 3420235 | 2024-04-19 15:59:31 |
| Year High | 13.39 | Year High Date | 2018-02-09 |
| Year Low | 8.8 | Year Low Date | 2018-09-21 |
| 52wk High | 23.92 | 52wk High Date | 2023-05-04 |
| 52wk Low | 9.735 | 52wk Low Date | 2024-03-28 |
| Year End Close | 15.11 | Average Volume | 3,499,637 |
| Shares Outstanding | 4,330 | Assets | 5,447M |
| Beta | -3.31000000 | Volatility | 56.99 |