Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

Direxion Daily Financial Bear 3X Shares (GIF:FAZ)

Countertrend Up (+85) - FAZ is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

GIF_FAZ
Open High Low FAZ Price Change
39.2860 39.2860 34.1439 35.5529 -1.4801
Entry Signal

MarketClub’s Trade Triangles for FAZ

long term up The long-term trend has been UP since Mar 2nd, 2021 at 8.7829

intermediate term up The intermediate-term trend has been UP since Mar 2nd, 2021 at 6.0564

short term down The short-term trend has been DOWN since Mar 8th, 2021 at 36.1969

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).

+85
Smart Scan Analysis for FAZ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.2860 39.2860 34.1439 35.5529 -1.4801
Prev. Close Volume Bid Ask Time
35.5522 0 2021-03-08 16:05:00
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