Trading Signals: FAS Stock Price Prediction and Forecast

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Wed. Aug. 17, 2022

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 $89.6000 (-1.48%) ($87.7800 - $90.8200) on Wed. Aug. 17, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.64% (three month average)
RSI   76
Latest Price   $89.6000(-1.48%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FAS advances 1.6% a day on average for past five trading days.
Weekly Trend   FAS advances 9.8% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support FAS advance at 0% a week (0% probability)
IWD(93%)    IVE(91%)    DIA(89%)    SDY(88%)    IWN(86%)
Factors Impacting FAS price   FAS will decline at least -2.32% in a week (0% probabilities).
VIXM(-23%)    UUP(-23%)    TBT(-12%)    SHY(-9%)    EDOC(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.32% (StdDev 4.64%)
Hourly BBV 0.2 ()
Intraday Trend 1.9%

5 Day Moving Average   $88.8(0.9%)
10 Day Moving Average   $83.39(7.45%)
20 Day Moving Average   $78.15(14.65%)
To recent high   -1.8%
To recent low   53.8%
Market Cap   $N/A

Average daily price decay: -0.02%

$. FAS is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. FAS price fluctuates within 9.1% (three month std-dev: 4.64%) daily (68% of days).

Sample size 17 Average positive next day return: 1.45%(24%) Average negative next day return: -2.37%(76%) Sample size 17 Average positive next three day return: 3.07%(29%) Average negative next three day return: -5.03%(71%) Sample size 17 Average positive next weekly return: 1.66%(29%) Average negative next weekly return: -6.58%(71%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220917

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	Aug_17_2022	81.63	78.15	83.39	88.8	88.59	89.45	89.6(-1.48%)	UD	OpenLong	75	0.1	48	60	19	134	1.14	59%	-0.49	92.4	4.64%	0.2	1.6	76	-0.7
2	Aug_16_2022	82.03	77.15	81.96	87.37	87.65	88.92	90.95(1.92%)	UT	HoldLong	65	0.5	64	110	40	137	1.24	59%	-0.44	97.9	4.74%	1.4	2	80	-1.2
3	Aug_15_2022	82.39	76.01	80.06	84.57	85.6	87.72	89.24(0.09%)	UT	HoldLong	65	0.7	64	210	45	122	0.92	59%	-0.47	93.6	4.75%	1.5	2	82	-1.5
4	Aug_12_2022	82.78	74.7	78.53	81.91	82.8	86.38	89.16(4.82%)	UT	OpenLong	75	1.2	73	340	61	110	1.25	60%	-0.42	85.7	4.78%	1.7	2.4	73	-2.2
5	Aug_11_2022	83.13	73.42	77.16	79.33	80.17	83.48	85.06(3.19%)	UT	OpenLong	75	1	80	320	72	103	1.21	59%	-0.43	72.8	4.75%	0.9	2	72	-1.8

6	Aug_10_2022	83.49	72.09	75.94	77.22	77.61	79.22	82.43(7.11%)	UT	OpenLong	75	0.9	51	160	43	76	1.44	59%	-0.56	58.1	4.76%	1.3	1.8	66	-1.6
7	Aug_9_2022	83.96	71.05	74.82	75.8	75.92	76.86	76.96(1.34%)	UT	OpenLong	75	0.2	29	90	19	57	0.7	53%	-0.53	52.3	4.69%	-0	1.1	63	-1.2
8	Aug_8_2022	84.41	70.39	73.99	74.83	75.32	76	75.94(-0.39%)	UD	OpenLong	75	0.2	25	80	18	46	0.79	53%	-0.57	46.9	4.79%	0.2	1.1	64	-1.8
9	Aug_5_2022	84.89	69.84	73.52	74.58	74.34	74.97	76.24(2.29%)	UT	OpenLong	75	0.3	16	50	4	52	1.12	50%	-0.53	46.7	4.79%	1.1	1.3	72	-1.3
10	Aug_4_2022	85.34	69.33	72.88	74.64	74.22	74.63	74.53(-1.08%)	UD	OpenLong	75	-0	24	20	10	65	0.69	53%	-0.5	53.5	4.9%	0.3	1.1	69	-1

11	Aug_3_2022	85.77	68.95	72.56	74.43	74.33	73.71	75.34(4.48%)	UT	HoldLong	65	0.2	26	-60	7	84	0.89	53%	-0.37	56.5	5.03%	1.7	1.4	77	-2.8
12	Aug_2_2022	86.09	68.4	72.03	73.69	73.7	73.81	72.11(-3.43%)	UD	OpenLong	65	-0.4	20	10	-3	89	1.13	53%	-0.37	53.3	5.03%	-1.2	0.8	66	-1.4
13	Aug_1_2022	86.41	68.05	71.76	72.93	73.07	74.96	74.67(-2.44%)	UD	OpenLong	75	0.4	45	190	25	104	0.99	53%	-0.3	45.6	5.01%	0.2	1.5	65	-2.7
14	Jul_29_2022	86.67	67.56	70.67	72.23	71.77	73.59	76.54(4.12%)	UT	OpenLong	75	1	54	160	38	102	2.01	50%	-0.31	40.3	5.04%	1.5	2.1	65	-2.8
15	Jul_28_2022	86.94	66.86	69.41	70.9	70.69	71.17	73.51(2.64%)	UT	OpenLong	75	0.7	31	40	16	76	1.21	50%	-0.37	37.3	5.18%	1.8	1.8	59	-1.3

16	Jul_27_2022	87.26	66.39	67.95	70.47	70.39	69.95	71.62(4.88%)	UT	OpenLong	75	0.3	13	-50	-0	52	1.49	50%	-0.26	40.9	5.2%	1.6	1.5	56	-0.7
17	Jul_26_2022	87.49	66.08	66.98	70.19	70.28	70.21	68.29(-4.07%)	UD	OpenLong	65	-0.6	6	-0	-7	44	0.71	47%	-0.33	46.9	5.16%	-1.6	0.7	57	0.3
18	Jul_25_2022	87.78	66.04	66.55	70.36	70.3	70.83	71.19(1.86%)	UT	OpenLong	75	0.3	27	50	18	54	0.8	47%	-0.43	62.1	5.23%	0.1	1.6	59	1.4
19	Jul_22_2022	88.16	65.88	65.88	68.78	69.42	70.35	69.89(-2.09%)	UD	OpenLong	75	0.4	25	120	20	39	1.04	45%	-0.53	66.5	5.22%	-1.1	1.3	57	0.8
20	Jul_21_2022	88.63	65.47	65.5	67.62	68.02	69.76	71.38(1.71%)	UT	OpenLong	75	1.2	39	200	38	40	1.24	44%	-0.52	53.6	5.33%	1.4	1.9	64	1.1

21	Jul_20_2022	89.09	64.99	65.01	64.99	66.16	68.48	70.18(1.45%)	UT	OpenLong	75	1.8	40	300	46	23	1.27	44%	-0.44	33	5.35%	1.3	1.8	59	0.5
22	Jul_19_2022	89.48	64.59	64.39	63.33	63.26	66.29	69.18(9.38%)	UT	OpenLong	75	2.2	29	330	38	1	2.15	45%	-0.59	17.4	5.36%	1.8	1.7	54	0.6
23	Jul_18_2022	90.01	64.08	63.93	62.26	61.78	63.83	63.25(-1.31%)	N/A	N/A	0	0.4	21	210	33	-16	1.63	42%	-0.7	-12.7	5.25%	0.4	-0.3	42	1.6
24	Jul_15_2022	90.64	63.88	64.15	62.61	61.65	60.24	64.09(9.99%)	DP	OpenShort	-75	0.5	-10	-210	-2	-33	2.24	42%	-0.57	-39.1	5.25%	1.2	0.1	41	1.8
25	Jul_14_2022	91.16	63.85	64.06	63.13	62.3	59.73	58.27(-5.8%)	DT	OpenShort	-75	-1.6	-55	-330	-57	-49	2.1	39%		-60.3	5.11%	-0.9	-1.8	48	1.7
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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