Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, July 2, 2020.

Direxion Daily Financial Bear 3X Shares (GIF: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.

GIF_FAZ
Open High Low FAZ Price Change
18.575 18.575 17.261 17.612 -0.096
Entry Signal

MarketClub’s Trade Triangles for FAZ

long term down The long-term trend has been DOWN since Apr 9th, 2020 at 23.898

intermediate term up The intermediate-term trend has been UP since Jun 29th, 2020 at 19.278

short term down The short-term trend has been DOWN since Jul 1st, 2020 at 17.467

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).

-55
Smart Scan Analysis for FAZ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.575 18.575 17.261 17.612 -0.096
Prev. Close Volume Bid Ask Time
19.154 0 2020-07-01 19:14:53
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