Trading Signals: FAS Stock Price Prediction and Forecast

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Thu. Feb. 25, 2021

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 $82.3000 (-5.52%) ($81.5920 - $89.2600) on Thu. Feb. 25, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.66% (three month average)
RSI   80
Latest Price   $82.3000(-5.52%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FAS advances 1.4% a day on average for past five trading days.
Weekly Trend   FAS advances 8.3% 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(92%)    IVE(91%)    DIA(89%)    SDY(86%)    PAVE(85%)
Factors Impacting FAS price   FAS will decline at least -1.83% in a week (0% probabilities).
VIXM(-48%)    UUP(-28%)    VXX(-15%)    TLT(-9%)    SHY(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.83% (StdDev 3.66%)
Hourly BBV -0.6 ()
Intraday Trend -7.8%

Inflection Point   Yes
5 Day Moving Average   $82.34(-0.05%)
10 Day Moving Average   $79(4.18%)
20 Day Moving Average   $72.67(13.25%)
To recent high   -5.5%
To recent low   60.5%
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 11.23% (three month std-dev: 3.66%) daily (68% of days).

Sample size 41 Average positive next day return: 3.14%(54%) Average negative next day return: -2.21%(46%) Sample size 41 Average positive next three day return: 4.65%(44%) Average negative next three day return: -3.98%(56%) Sample size 41 Average positive next weekly return: 4.75%(51%) Average negative next weekly return: -4.75%(49%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210325

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	Feb_25_2021	56.08	72.67	79	82.34	82.99	85.31	82.3(-5.52%)	UD	OpenLong	75	-0	77	220	50	157	3.6	63%	0.85	64.5	3.66%	-0.6	1.2	80	0.2
2	Feb_24_2021	55.61	71.44	77.96	81.19	81.23	83.28	87.11(6%)	UT	HoldLong	65	0.7	94	180	68	172	3.04	71%	0.96	51.7	3.59%	1.6	1.9	94	1.4
3	Feb_23_2021	55.08	70.19	76.37	79.3	79.03	80.67	82.18(1.47%)	UT	HoldLong	65	0.4	66	140	37	153	2.9	71%	0.86	45.3	3.73%	1.5	1.6	94	1.3
4	Feb_22_2021	54.61	69.26	75.24	78.26	77.83	79.18	80.99(2.38%)	UT	HoldLong	65	0.4	74	100	42	171	2.31	71%	0.89	41.1	3.77%	1.1	1.6	95	1.1
5	Feb_19_2021	54.13	68.44	74	76.7	76.92	77.39	79.11(3.34%)	UT	HoldLong	65	0.4	72	50	36	180	1.9	71%	0.88	32.6	3.79%	1.5	1.6	95	1.5

6	Feb_18_2021	53.66	67.77	72.92	75.16	75.29	76.48	76.55(-1.47%)	UD	OpenLong	75	0.2	57	120	17	176	1.91	71%	0.83	24.3	3.78%	0.1	1.4	80	1.3
7	Feb_17_2021	53.22	67.33	71.74	74.16	74.1	76.44	77.69(0.94%)	UT	HoldLong	65	0.6	86	220	49	198	1.71	71%	0.89	18.4	3.79%	1	1.8	85	1.4
8	Feb_16_2021	52.75	66.87	70.32	72.98	72.9	74.09	76.97(5.18%)	UT	OpenLong	75	0.7	84	110	49	189	2.53	73%	1.27	13.7	3.79%	1.6	1.9	68	1.2
9	Feb_12_2021	52.09	66.41	68.57	71.81	71.66	71.75	73.18(2.51%)	UT	OpenLong	75	0.3	46	0	11	150	1.48	68%	0.83	8.3	3.83%	1.1	1.4	62	1.5
10	Feb_11_2021	51.66	66.32	66.99	70.91	71.23	71.7	71.39(-0.27%)	UD	OpenLong	75	0.1	38	60	11	119	2.05	68%	0.82	6.1	3.89%	-0.8	1	58	1.3

11	Feb_10_2021	51.24	66.29	65.9	70.31	70.64	71.56	71.58(-0.25%)	UD	OpenLong	75	0.3	54	110	36	109	1.73	68%	0.81	7.6	3.9%	0.6	1.1	56	1
12	Feb_9_2021	50.83	66.27	64.47	68.86	68.75	70.75	71.76(0.9%)	UT	OpenLong	75	0.6	47	200	40	66	1.43	74%	0.77	11.4	3.91%	1.5	1.1	52	1.1
13	Feb_8_2021	50.44	66.14	63.53	67.2	66.93	69.72	71.12(3.52%)	UT	OpenLong	75	0.8	52	280	58	33	2.13	74%	0.72	13	4.79%	1.3	1	50	1.1
14	Feb_5_2021	50.08	66	62.76	64.83	65	66.75	68.7(0.44%)	RB	SmallLong	20	0.8	44	200	59	-1	2.01	75%	0.64	7.6	4.8%	0.7	0.6	48	1.1
15	Feb_4_2021	49.76	66.03	62.35	62.46	62.38	64.14	68.4(6.31%)	N/A	N/A	0	1.2	9	190	29	-50	2.33	75%	0.63	4.1	4.85%	1.3	0.5	42	1.1

16	Feb_3_2021	49.45	65.92	62.08	60.87	60.87	63.25	64.34(1.4%)	N/A	N/A	0	0.7	15	270	43	-70	1.62	76%	0.57	3	4.84%	0.9	-0.3	38	0.7
17	Feb_2_2021	49.17	65.71	62.46	59.44	59.92	60.62	63.45(7.03%)	DP	OpenShort	-65	0.8	-3	110	28	-95	2.61	77%	0.53	-4.3	4.89%	1.4	-0.4	36	-0.1
18	Feb_1_2021	48.91	65.51	63.02	59.37	58.96	58.49	59.28(4.27%)	DP	OpenShort	-75	-0	-47	-80	-23	-118	1.8	75%	0.49	-3.9	4.87%	-0	-1.2	33	-1.3
19	Jan_29_2021	48.67	65.65	64.01	60.41	60.35	59.21	56.85(-5.89%)	DT	OpenShort	-75	-0.7	-45	-140	-23	-110	3.21	75%	0.45	4.4	4.85%	-0.9	-1.7	30	-2.7
20	Jan_28_2021	48.45	65.83	65.63	62.17	61.74	59.44	60.41(5.61%)	DP	OpenShort	-75	-0.4	-53	-280	-38	-96	2.71	75%	0.48	18.5	4.78%	0	-1.1	33	-2.2

21	Jan_27_2021	48.22	65.78	66.79	63.47	63.06	61.49	57.2(-9.39%)	DT	OpenShort	-75	-1.2	-62	-190	-55	-82	3.78	70%	0.46	27	4.85%	-1.8	-1.7	35	-3
22	Jan_26_2021	48	65.93	68.37	65.84	65.37	64.04	63.13(-2.05%)	DT	OpenShort	-75	-0.5	-24	-160	-23	-26	1.46	72%	0.33	45.4	4.75%	-0.5	-0.6	64	0.3
23	Jan_25_2021	47.84	65.71	69.13	67.19	66.72	64.62	64.45(-1.87%)	N/A	N/A	0	-0.5	-28	-240	-37	1	2.62	72%	0.55	53	4.82%	-0.7	-0.2	68	0.8
24	Jan_22_2021	47.58	65.42	69.67	68.17	68.21	66.7	65.68(-1.78%)	CR	SmallShort	-20	-0.5	-21	-150	-37	26	1.98	73%	0.59	59.6	4.81%	-1	0	63	1.5
25	Jan_21_2021	47.3	64.93	70.13	69.62	69.25	68.82	66.87(-3.17%)	N/A	N/A	0	-0.5	-0	-60	-23	68	1.58	73%		64.4	4.83%	-1.3	0.3	69	1.8
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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