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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Direxion Financial Bear 3X Shares (PACF:FAZ)
Countertrend Down (-85) - FAZ is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Oct 4th, 2024 at 7.79
The short-term trend has been UP since Oct 22nd, 2024 at 7.04
Smart Scan Analysis for FAZ
Based on our trend formula, FAZ is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.1200 | 7.2087 | 7.0100 | 7.0230 | +0.0230 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.0000 | 8393110 | 2024-10-22 15:57:11 |
| Year High | 13.39 | Year High Date | 2018-02-09 |
| Year Low | 8.8 | Year Low Date | 2018-09-21 |
| 52wk High | 23.765 | 52wk High Date | 2023-10-27 |
| 52wk Low | 6.74 | 52wk Low Date | 2024-10-17 |
| Year End Close | 15.11 | Average Volume | 7,923,395 |
| Shares Outstanding | 2,452 | Assets | 5,447M |
| Beta | -3.31000000 | Volatility | 56.99 |