Trading Signals: FAS Stock Price Prediction and Forecast

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Tue. Dec. 12, 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 $76.0100 (2.05%) ($74.0200 - $76.0500) on Tue. Dec. 12, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.63% (three month average)
RSI   80
Latest Price   $76.0100(2.05%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FAS advances 1.1% a day on average for past five trading days.
Weekly Trend   FAS advances 3.5% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support FAS advance at 0% a week (0% probability)
XLF(98%)    IWD(96%)    VFMO(95%)    IWO(91%)    QQQ(91%)
Factors Impacting FAS price   FAS will decline at least -1.315% in a week (0% probabilities).
VXX(-72%)    VIXM(-65%)    UUP(-33%)    BNDX(-4%)    TBT(9%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.315% (StdDev 2.63%)
Hourly BBV 1.4 ()
Intraday Trend 1.7%

5 Day Moving Average   $73.29(3.71%)
10 Day Moving Average   $72.75(4.48%)
20 Day Moving Average   $70.13(8.38%)
To recent high   0%
To recent low   54.4%
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 4.49% (three month std-dev: 2.63%) daily (68% of days).

Sample size 50 Average positive next day return: 2.03%(54%) Average negative next day return: -2.13%(46%) Sample size 50 Average positive next three day return: 2.65%(62%) Average negative next three day return: -4.18%(38%) Sample size 50 Average positive next weekly return: 2.95%(56%) Average negative next weekly return: -4.42%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Dec_12_2023	64.15	70.13	72.75	73.29	73.28	74.54	76.01(2.05%)	UT	HoldLong	65	0.9	57	120	43	97	0.95	52%	0.03	106.9	2.63%	1.4	1.9	80	1.6
2	Dec_11_2023	64.13	69.38	71.97	72.52	72.56	73.16	74.48(2.06%)	UT	HoldLong	65	0.6	42	60	29	81	0.46	52%	0.03	93.9	2.64%	1.4	1.5	77	1.4
3	Dec_8_2023	64.11	68.72	71.37	72.29	72.11	72.03	72.98(1.59%)	UT	HoldLong	50	0.2	17	-20	-1	71	0.51	52%	0	88.4	2.63%	1.7	1.2	76	1.2
4	Dec_7_2023	64.11	68.05	70.96	72.36	72.22	71.97	71.84(1.01%)	UD	OpenLong	65	-0.1	15	-30	-7	81	0.38	52%	0	82.5	2.63%	-0.3	0.9	77	1
5	Dec_6_2023	64.11	67.47	70.63	72.35	72.43	72.2	71.12(-1.48%)	UD	OpenLong	75	-0.3	26	-20	2	96	0.58	52%	0.02	85	2.63%	-1.6	0.9	77	1.2

6	Dec_5_2023	64.1	66.92	70.3	72.07	72.04	72.48	72.19(-1.57%)	UD	OpenLong	75	0	36	40	12	108	0.53	51%	0.06	87.2	2.62%	-0.4	1.2	86	1.3
7	Dec_4_2023	64.06	66.31	69.85	71.27	71.43	72.66	73.34(0.03%)	UT	HoldLong	65	0.5	65	130	44	129	0.57	51%	0.11	91.1	2.64%	0.9	1.6	95	1.4
8	Dec_1_2023	63.99	65.66	69.2	70.27	70.26	71.61	73.32(2.12%)	UT	HoldLong	65	0.7	69	130	48	133	0.72	52%	0.08	102.6	2.66%	1.7	1.8	92	1.3
9	Nov_30_2023	63.94	64.9	68.45	69.39	69.22	70.2	71.8(3.04%)	UT	HoldLong	65	0.6	62	90	37	138	0.62	52%	0.08	108.3	2.64%	1.4	1.7	93	1.4
10	Nov_29_2023	63.89	64.05	67.8	68.7	68.71	68.92	69.68(2.17%)	UT	HoldLong	65	0.2	51	20	21	141	0.72	52%	0.06	101.3	2.62%	1.1	1.3	86	1.3

11	Nov_28_2023	63.85	63.26	67.28	68.29	68.37	68.25	68.2(-0.25%)	UD	OpenLong	65	-0	34	-10	-2	143	0.47	52%	0.08	93.3	2.63%	-0.2	1.1	85	1.5
12	Nov_27_2023	63.8	62.46	66.59	68.19	68.23	68.25	68.37(-0.74%)	UD	OpenLong	75	0	42	30	6	151	0.35	52%	0.09	85.5	2.63%	0.2	1.2	84	1.3
13	Nov_24_2023	63.74	61.54	65.89	67.92	67.97	68.5	68.88(0.72%)	UT	HoldLong	65	0.2	56	60	22	159	0.41	52%	0.08	73.7	2.63%	0	1.3	80	1.4
14	Nov_22_2023	63.69	60.7	64.94	67.34	67.49	67.96	68.39(1.15%)	UT	HoldLong	65	0.2	57	60	24	155	0.45	52%	0.08	66.5	2.63%	1	1.3	84	1.2
15	Nov_21_2023	63.64	59.91	64.09	66.76	66.87	67.44	67.61(-0.12%)	UD	OpenLong	75	0.2	59	60	23	166	0.39	52%	0.05	60.9	2.65%	0.8	1.4	88	1.3

16	Nov_20_2023	63.61	59.17	63.3	66.1	66.23	67.01	67.69(0.97%)	UT	HoldLong	65	0.3	76	90	39	186	0.49	52%	0.06	51.9	2.65%	1.9	1.5	89	1.4
17	Nov_17_2023	63.57	58.36	62.5	64.72	65.37	66.29	67.04(1.62%)	UT	HoldLong	65	0.4	84	130	47	194	0.37	52%	0.08	39.7	2.65%	1.5	1.7	90	1.5
18	Nov_16_2023	63.52	57.64	61.83	63.54	63.85	65.46	65.97(0.72%)	UT	HoldLong	65	0.5	93	190	51	217	0.49	52%	0.11	31.1	2.66%	1	1.7	91	1.5
19	Nov_15_2023	63.45	57.09	61.04	62.17	62.48	64.46	65.5(1.83%)	UT	HoldLong	65	0.8	109	240	71	223	0.61	49%	0.09	22.7	2.66%	1	1.9	77	1.6
20	Nov_14_2023	63.39	56.66	59.95	61.03	61.16	62.24	64.32(5.86%)	UT	OpenLong	75	0.8	91	130	54	200	1.04	49%	0.11	15.3	2.73%	1.6	1.9	75	1.5

21	Nov_13_2023	63.32	56.43	58.87	60.11	60.12	60.51	60.76(-0.61%)	UD	OpenLong	75	0.2	54	50	13	177	0.43	46%	0.03	12.3	2.62%	1	1.1	69	1.4
22	Nov_10_2023	63.3	56.36	58.01	59.95	59.85	60.07	61.13(3.4%)	UT	OpenLong	75	0.3	50	20	8	177	0.59	46%	0.03	14.4	2.63%	2.1	1.3	72	1.4
23	Nov_9_2023	63.28	56.18	56.87	59.87	59.86	59.72	59.12(-1.2%)	UD	OpenLong	75	-0.2	43	-20	2	166	0.51	44%	-0.03	15.2	2.59%	-1.6	0.8	65	0.9
24	Nov_8_2023	63.3	56.1	56.19	59.71	60.03	59.64	59.84(0.25%)	UT	OpenLong	75	0	51	-30	15	157	0.47	43%	-0.03	16.2	2.6%	0.6	1	58	1.6
25	Nov_7_2023	63.32	56.04	55.45	58.63	59.4	59.99	59.69(-0.5%)	UD	OpenLong	75	0.3	47	110	24	115	0.49	45%		12.7	2.61%	-0.7	1	51	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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