Trading Signals: FAS Stock Price Prediction and Forecast

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Wed. Jul. 1, 2020

Trading Signals: FAS Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Fri. Dec. 22, 2023)

(Direxion Daily Financial Bull 3X ETF)
FAS latest price $31.5100 (0.7%) ($30.9100 - $32.1700) on Wed. Jul. 1, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   7.96% (three month average)
RSI   56
Latest Price   $31.5100(0.7%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FAS advances 0.8% a day on average for past five trading days.
Weekly Trend   FAS declines -4.4% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support FAS advance at 0% a week (0% probability)
IWD(93%)    IVE(91%)    DIA(88%)    SDY(86%)    IWN(85%)
Factors Impacting FAS price   FAS will decline at least -3.98% in a week (0% probabilities).
VIXM(-49%)    UUP(-27%)    VXX(-17%)    TLT(-15%)    SHY(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.98% (StdDev 7.96%)
Hourly BBV 1.2 ()
Intraday Trend 0.1%

1 - 5 Day Possible Target   $9.57(-69.63%)
Resistance Level   $34.46
5 Day Moving Average   $30.81(2.27%)
10 Day Moving Average   $31.88(-1.16%)
20 Day Moving Average   $34.46(-8.56%)
To recent high   -28.9%
To recent low   64.4%
Market Cap   $N/A

Average daily price decay: -0.06%

$. FAS is a 3x leveraged ETF. You'll lose 0.06% a day on average for holding it.$. FAS price fluctuates within 12.25% (three month std-dev: 7.96%) daily (68% of days).

Sample size 2 Average positive next day return: 5.46%(50%) Average negative next day return: 0%(50%) Sample size 2 Average positive next three day return: 9.51%(100%) Average negative next three day return: %(0%) Sample size 2 Average positive next weekly return: 21.18%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200801

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_1_2020	39.54	34.46	31.88	30.81	30.46	31.07	31.51(0.7%)	DP	OpenShort	-65	0.2	-2	110	8	-30	4.46	57%	-1.84	-22.4	7.96%	1.2	-0.7	56	0.6
2	Jun_30_2020	40.28	34.76	32.17	30.57	30.36	30.14	31.29(4.47%)	DP	OpenShort	-75	0.2	-13	-70	-3	-43	4.95	57%	-1.78	-20.6	8.32%	1.7	-0.8	39	0.3
3	Jun_29_2020	41.01	34.93	32.6	31.08	30.55	29.85	29.95(3.2%)	DP	OpenShort	-75	-0.3	-24	-210	-14	-54	4.09	57%	-1.73	-14.3	8.34%	-0.8	-1.2	32	-0.2
4	Jun_26_2020	41.73	35.15	33.03	31.8	31.72	30.59	29.02(-10.04%)	DT	OpenShort	-75	-0.7	-26	-260	-13	-63	10.54	62%	-1.77	-3.7	8.4%	-1.6	-1.5	28	-0.9
5	Jun_25_2020	42.48	35.36	33.48	32.66	32.51	31.26	32.26(6.4%)	DP	OpenShort	-75	-0.1	-29	-280	-15	-69	8.1	69%	-1.64	8	8.58%	-0	-0.8	36	-0.3

6	Jun_24_2020	43.19	35.43	33.34	33.1	33.36	32.86	30.32(-10.45%)	DT	OpenShort	-75	-0.7	-30	-80	-14	-78	9.89	74%	-1.59	17.8	8.65%	-1.5	-1.4	41	-0.7
7	Jun_23_2020	43.89	35.64	34.17	33.97	34.06	33.76	33.86(0.95%)	DP	OpenShort	-75	-0	-18	-50	-4	-58	4.87	72%	-1.39	34.5	9.44%	0.4	-0.5	47	-0
8	Jun_22_2020	44.51	35.53	34.93	34.36	34.31	33.87	33.54(0.72%)	DP	OpenShort	-75	-0.2	-16	-90	-6	-44	4.38	72%	-1.35	41.5	9.69%	-0.8	-0.5	53	-0.2
9	Jun_19_2020	45.12	35.3	35.94	34.47	35.12	34.36	33.3(-3.45%)	DT	OpenShort	-75	-0.3	-6	-90	0	-25	7.02	68%	-1.46	43.7	9.82%	-1.1	-0.5	54	-0.8
10	Jun_18_2020	45.79	35.06	36.81	34.41	34.5	34.75	34.49(-0.52%)	DT	OpenShort	-75	0	-3	60	0	-11	3.56	61%	-1.36	44.3	9.8%	-1.2	-0.1	58	-0.7

11	Jun_17_2020	46.42	34.78	37.21	33.59	34.14	35.88	34.67(-3.13%)	N/A	N/A	0	0.2	2	410	5	-8	4.55	61%	-1.36	42.4	10.38%	0	-0	57	-0.9
12	Jun_16_2020	47.06	34.41	37.52	34.41	33.42	34.25	35.79(4.96%)	N/A	N/A	0	0.3	-0	90	-1	2	9	52%	-1.24	46.7	10.38%	1	0.3	57	-1
13	Jun_15_2020	47.65	34.04	37.43	35.7	34.41	32.4	34.1(3.33%)	N/A	N/A	0	-0.3	-10	-520	-17	10	8.2	52%	-1.35	54.4	11.49%	1.4	0	60	-1.3
14	Jun_12_2020	48.3	33.59	37.44	37.75	36.91	32.58	33(8.55%)	N/A	N/A	0	-0.9	-16	-890	-31	29	9.85	52%	-1.43	59	12.01%	-0.7	-0.1	64	-1.4
15	Jun_11_2020	49	33.21	37.47	39.62	39.77	36.43	30.4(-21.61%)	N/A	N/A	0	-1.6	-11	-580	-32	51	14.74	49%	-1.45	64.7	12.48%	-1.7	-0.5	62	-2.6

16	Jun_10_2020	49.72	32.91	37.86	41.19	42.41	41.25	38.78(-8.17%)	UD	OpenLong	65	-0.4	18	-100	-5	86	8.36	55%	-1.23	68.5	12.35%	-1.8	0.9	76	0.9
17	Jun_9_2020	50.34	32.22	37.37	40.93	41.71	43.12	42.23(-4.72%)	UD	OpenLong	75	0.2	32	290	8	104	5.34	51%	-0.18	66.1	12.47%	0	1.6	86	1
18	Jun_8_2020	50.43	31.45	36.26	39.34	40.39	43.58	44.32(4.6%)	UT	HoldLong	65	0.8	46	630	27	102	7.66	51%	-1.14	63.3	12.97%	0.8	2.2	83	1.6
19	Jun_5_2020	51.01	30.6	34.59	37.16	37.91	40.29	42.37(10.8%)	UT	HoldLong	65	1	44	500	27	93	9.96	48%	-1.16	62.2	13%	1.3	2.3	86	2
20	Jun_4_2020	51.61	29.79	33.08	35.14	35.4	37.19	38.24(2.03%)	UT	HoldLong	65	0.7	30	380	14	78	7.53	50%	-1.17	56.2	13.01%	0.8	2	83	1.6

21	Jun_3_2020	52.22	29.12	32.04	34.09	34.05	35.53	37.48(9.33%)	UT	HoldLong	65	0.9	30	300	13	79	10.52	49%	-1.15	46.1	13.07%	1.5	2.2	84	1.7
22	Jun_2_2020	52.83	28.53	30.92	33.33	33.27	33.61	34.28(2.54%)	UT	OpenLong	75	0.3	25	70	8	76	4.44	49%	-1.23	43.7	13.06%	0.8	1.7	72	1.3
23	Jun_1_2020	53.49	28.11	30.27	32.68	33.03	32.56	33.43(3.56%)	UT	OpenLong	75	0.2	22	-70	5	72	3.84	49%	-1.18	38.9	13.09%	0.8	1.7	62	1
24	May_29_2020	54.13	27.75	29.37	31.56	32.5	32.92	32.28(-2.09%)	UD	OpenLong	75	0.3	18	180	5	55	6.01	49%	-1.2	33.1	13.19%	-0.4	1.6	57	1.3
25	May_28_2020	54.79	27.57	28.59	30.63	31.35	33.49	32.97(-2.11%)	UD	OpenLong	75	0.9	22	550	14	46	5.26	49%		33.8	13.29%	0.9	2	62	0.9
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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