Trading Signals: FAS Stock Price Prediction and Forecast

^ FAS: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Aug. 11, 2023

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 $69.4600 (0.55%) ($67.8800 - $69.8000) on Fri. Aug. 11, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.41% (three month average)
RSI   36
Latest Price   $69.4600(0.55%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FAS declines -0.1% a day on average for past five trading days.
Weekly Trend   FAS declines -1.9% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support FAS advance at 0% a week (0% probability)
XLF(99%)    IWD(93%)    DIA(90%)    IVE(90%)    VYM(90%)
Factors Impacting FAS price   FAS will decline at least -1.205% in a week (0% probabilities).
VXX(-65%)    VIXM(-61%)    UUP(-27%)    TBT(-26%)    USO(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.205% (StdDev 2.41%)
Hourly BBV -0.3 ()
Intraday Trend 1.8%

Resistance Level   $71.22
5 Day Moving Average   $70.09(-0.9%)
10 Day Moving Average   $70.52(-1.5%)
20 Day Moving Average   $71.22(-2.47%)
To recent high   -6.5%
To recent low   29.1%
Market Cap   $N/A

Average daily price decay: -0.01%

$. FAS is a 3x leveraged ETF. You'll lose 0.01% a day on average for holding it.$. FAS price fluctuates within 2.71% (three month std-dev: 2.41%) daily (68% of days).

Sample size 7 Average positive next day return: 0.85%(43%) Average negative next day return: -1.21%(57%) Sample size 7 Average positive next three day return: 1.45%(43%) Average negative next three day return: -1%(57%) Sample size 7 Average positive next weekly return: 2.02%(86%) Average negative next weekly return: -2.24%(14%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230911

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_11_2023	61.83	71.22	70.52	70.09	69.52	69.32	69.46(0.55%)	DP	OpenShort	-75	-0.3	-28	-40	-19	-54	0.62	79%	0.29	44.3	2.41%	-0.3	-0.9	36	0.2
2	Aug_10_2023	61.65	71.1	70.73	70.14	70.23	69.78	69.08(0.22%)	DP	OpenShort	-75	-0.5	-16	-40	-4	-50	1.38	79%	0.28	51.4	2.41%	-0.5	-1	43	-0.6
3	Aug_9_2023	61.48	71.06	70.95	70.42	70.23	69.71	68.93(-2.3%)	DT	OpenShort	-75	-0.7	-33	-70	-24	-58	1.28	79%	0.2	64	2.43%	-0.3	-1	41	-0.6
4	Aug_8_2023	61.36	71	71.47	70.71	70.41	70.69	70.55(-2.62%)	DT	OpenShort	-75	-0.1	-22	20	-15	-42	1.48	79%	0.29	67.8	2.41%	-0.3	-0.2	49	-0.7
5	Aug_7_2023	61.18	70.8	71.69	71.07	70.58	71.1	72.45(3.98%)	N/A	N/A	0	0.5	11	30	20	-16	0.93	84%	0.36	63.3	2.38%	1.1	0.6	56	-0.6

6	Aug_4_2023	60.96	70.38	71.84	71.06	70.65	70.12	69.68(-1.15%)	DT	OpenShort	-75	-0.4	-8	-70	-8	-9	0.99	85%	0.2	56.1	2.49%	-1.2	-0.2	57	-1.6
7	Aug_3_2023	60.84	70.07	72.12	71.43	71.08	70.06	70.49(0.14%)	N/A	N/A	0	-0.3	-21	-120	-30	7	0.88	85%	0.3	55	2.54%	-0.1	0.1	65	-0.7
8	Aug_2_2023	60.66	69.71	72.37	71.57	71.63	71.18	70.39(-2.7%)	CR	SmallShort	-20	-0.3	-19	-40	-33	24	1.81	73%	0.18	58.4	2.59%	-1.3	0.2	59	-0.7
9	Aug_1_2023	60.55	69.43	72.52	72.33	72.22	72.1	72.34(-0.07%)	UD	OpenLong	65	0	12	-20	-4	61	0.8	77%	0.3	69.9	2.72%	0.8	0.8	66	1.2
10	Jul_31_2023	60.37	69.05	72.37	72.4	72.58	72.08	72.39(1.22%)	UD	OpenLong	65	-0	10	-40	-12	74	0.99	77%	0.17	79.1	2.74%	-0.5	0.9	69	1.5

11	Jul_28_2023	60.27	68.62	72	72.79	72.85	72.34	71.52(0.46%)	UD	OpenLong	65	-0.3	10	-50	-19	95	1.56	77%	0.08	87.8	2.74%	-1.4	0.7	72	1.3
12	Jul_27_2023	60.22	68.16	71.54	72.92	72.85	73.08	71.19(-4.04%)	UD	OpenLong	65	-0.4	23	-0	-8	115	2.35	79%	-0.08	89.6	2.77%	-2.9	0.7	73	0.5
13	Jul_26_2023	60.27	67.59	71.23	73.26	73.22	73.08	74.19(2.04%)	UT	HoldLong	65	0.2	44	10	9	148	2.28	86%	-0.05	84.3	2.77%	0.2	1.5	82	1.9
14	Jul_25_2023	60.3	66.85	70.52	72.73	72.85	73.36	72.71(-2.17%)	UD	OpenLong	75	-0	49	50	15	152	1.78	78%	-0.18	78.5	2.8%	-0.7	1.3	72	1.2
15	Jul_24_2023	60.41	66.13	69.85	72.32	72.35	73.07	74.32(2.98%)	UT	OpenLong	75	0.4	65	70	35	156	1.94	78%	-0.17	69.2	2.87%	1.4	1.8	74	1.6

16	Jul_21_2023	60.51	65.33	68.78	71.1	71.41	72.34	72.17(-1.04%)	UD	OpenLong	75	0.2	64	100	38	140	4.01	76%	-0.12	58.8	2.85%	0.8	1.5	74	1.1
17	Jul_20_2023	60.58	64.67	67.85	69.94	70.05	71.63	72.93(1.99%)	UT	HoldLong	65	0.7	63	160	42	126	2.41	76%	-0.13	50.7	2.85%	1.4	1.9	79	1.4
18	Jul_19_2023	60.66	64.03	66.79	68.9	69	70.48	71.51(1.19%)	UT	HoldLong	65	0.7	72	150	54	126	2.36	76%	-0.18	48.5	2.85%	1.4	1.9	82	1.5
19	Jul_18_2023	60.77	63.51	66.03	68.01	68.08	68.48	70.67(3.56%)	UT	HoldLong	65	0.8	55	40	33	119	2.45	76%	-0.18	48.2	2.85%	1.4	2.1	80	1.9
20	Jul_17_2023	60.88	63.08	65.4	67.04	67.52	67.53	68.24(2.85%)	UT	HoldLong	65	0.4	39	20	13	118	1.93	75%	-0.21	48.3	2.82%	1.3	1.7	79	1.4

21	Jul_14_2023	61.01	62.81	64.92	66.1	66.95	67.68	66.35(-2.04%)	UD	OpenLong	75	0.1	47	110	22	122	2.19	73%	-0.26	47.7	2.83%	-1.5	1.2	75	1.2
22	Jul_13_2023	61.17	62.57	64.49	65.38	65.87	67.52	67.73(0.98%)	UT	HoldLong	65	0.9	69	200	48	130	0.99	73%	-0.21	45.2	2.83%	0.8	1.9	76	1
23	Jul_12_2023	61.3	62.2	63.64	64.33	64.63	66.21	67.07(1.91%)	UT	OpenLong	75	1.1	69	190	55	110	1.37	73%	-0.24	42.5	2.85%	0.9	1.9	67	1.1
24	Jul_11_2023	61.45	61.87	62.87	63.77	63.33	64.22	65.81(3.54%)	UT	OpenLong	75	0.9	40	80	26	82	0.94	73%	0.08	45.4	2.84%	1.9	1.8	61	-0.3
25	Jul_10_2023	61.4	61.61	62.12	63.57	63.04	63.05	63.56(1.32%)	UT	OpenLong	75	-0	22	-20	9	59	0.68	71%		60	2.83%	0.3	1	50	-0.5
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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