Stock Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Direxion Financial Bear 3X Shares (PACF:FAZ)
Bull Market Weakness (+75) - FAZ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FAZ as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for FAZ
The long-term trend has been DOWN since Aug 6th, 2021 at 23.8500
The intermediate-term trend has been UP since Nov 17th, 2021 at 18.9102
The short-term trend has been UP since Nov 26th, 2021 at 19.4700
Smart Scan Analysis for FAZ
Based on our trend formula, FAZ is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||13.39||Year High Date||2018-02-09|
|Year Low||8.8||Year Low Date||2018-09-21|
|52wk High||67.84||52wk High Date||2020-12-02|
|52wk Low||17.585||52wk Low Date||2021-11-03|
|Year End Close||15.11||Average Volume||1,539,086|