Index Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
Direxion Daily Financial Bull 3X Shares (GIF:FAS)
Weak Downtrend (-65) - FAS is showing signs of a strengthening downtrend. Monitor FAS as it may be building momentum to the downside.
Is it time to buy, sell, or avoid FAS?
MarketClub looks at technical strength and momentum to determine if the timing is right for FAS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FAS
The long-term trend has been UP since Aug 31st, 2020 at 44.2879
The intermediate-term trend has been DOWN since Sep 10th, 2020 at 35.8562
The short-term trend has been DOWN since Sep 18th, 2020 at 36.0558
Smart Scan Analysis for FAS
Based on our trend formula, FAS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).