Trading Signals: FAS Stock Price Prediction and Forecast

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Tue. Nov. 22, 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 $85.2500 (3.03%) ($84.0200 - $85.4500) on Tue. Nov. 22, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.05% (three month average)
RSI   69
Latest Price   $85.2500(3.03%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FAS advances 0.7% a day on average for past five trading days.
Weekly Trend   FAS advances 5.6% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support FAS advance at 0% a week (0% probability)
IWD(91%)    IVE(87%)    DIA(85%)    SDY(83%)    IWN(82%)
Factors Impacting FAS price   FAS will decline at least -2.525% in a week (0% probabilities).
SHY(-28%)    BNDX(-9%)    VIXM(-8%)    GLD(-7%)    TBT(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.525% (StdDev 5.05%)
Hourly BBV 1.6 ()
Intraday Trend 1.4%

5 Day Moving Average   $82.32(3.56%)
10 Day Moving Average   $81.95(4.03%)
20 Day Moving Average   $77.64(9.8%)
To recent high   -0.7%
To recent low   59.9%
Market Cap   $N/A

Average daily price decay: -0.03%

$. FAS is a 3x leveraged ETF. You'll lose 0.03% a day on average for holding it.$. FAS price fluctuates within 7.33% (three month std-dev: 5.05%) daily (68% of days).

Sample size 47 Average positive next day return: 3.31%(38%) Average negative next day return: -1.98%(62%) Sample size 47 Average positive next three day return: 4.68%(55%) Average negative next three day return: -3.4%(45%) Sample size 47 Average positive next weekly return: 8.23%(47%) Average negative next weekly return: -4.59%(53%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20221222

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	Nov_22_2022	71.06	77.64	81.95	82.32	82.06	83.43	85.25(3.03%)	UT	OpenLong	75	0.5	33	110	19	74	0.66	57%	0.21	87.4	5.05%	1.6	1.3	69	1.3
2	Nov_21_2022	70.91	76.78	81.09	81.78	81.36	82.16	82.74(0.98%)	UT	OpenLong	75	0.2	28	50	13	71	0.44	57%	0.24	86.4	5.11%	1	1	61	1.6
3	Nov_18_2022	70.74	75.94	80.38	81.63	81.64	80.69	81.94(2.2%)	UD	OpenLong	65	0	14	-80	-4	67	1.03	55%	0.27	85	5.16%	0.7	1	62	2.1
4	Nov_17_2022	70.55	75.02	79.56	82.41	81.96	80.55	80.18(-1.62%)	N/A	N/A	0	-0.3	-9	-140	-32	62	0.74	55%	0.23	84.5	5.15%	-1.1	0.7	58	2.4
5	Nov_16_2022	70.39	73.97	78.57	83.15	83.51	82.6	81.5(-1.27%)	UD	OpenLong	75	-0.2	23	-60	2	85	0.61	55%	0.21	83.5	5.15%	-1.2	1	65	2.5

6	Nov_15_2022	70.24	72.96	77.61	81.4	83.41	83.36	82.55(0.7%)	UT	OpenLong	75	0.2	27	70	9	79	1.27	55%	0.21	82.7	5.15%	-1.4	1.3	68	1.8
7	Nov_14_2022	70.09	72.03	76.78	80.21	81.1	84.43	81.98(-4.51%)	UD	OpenLong	75	0.2	42	320	27	87	1.23	55%	0.19	86.1	5.15%	-0.5	1.4	68	2.3
8	Nov_11_2022	69.96	70.97	75.92	78.87	79.28	83.45	85.85(2.37%)	UT	OpenLong	75	0.9	90	380	83	112	1.48	56%	0.36	83	5.16%	1.2	2	75	2.6
9	Nov_10_2022	69.71	69.52	74.74	76.35	76.61	77.78	83.86(15.26%)	UT	HoldLong	65	1.1	65	120	54	98	1.91	58%	0.32	79.8	5.16%	1.8	2.1	76	0.9
10	Nov_9_2022	69.49	68.28	73.29	73.45	74.37	75.1	72.76(-4.99%)	UD	OpenLong	75	-0.1	23	110	5	76	1.32	54%	0.14	67.4	4.88%	-1.8	0.7	75	-0.8

11	Nov_8_2022	69.39	67.35	72.92	73.23	73.2	75.44	76.58(1.71%)	UT	OpenLong	75	0.5	42	210	24	97	1.63	55%	0.1	55.7	4.85%	1.3	1.3	73	-1.2
12	Nov_7_2022	69.32	66.22	72.06	72.83	72.61	73.64	75.29(2.74%)	UT	OpenLong	75	0.3	48	90	29	105	1.04	55%	0.25	47	4.84%	1.6	1.3	65	-0.2
13	Nov_4_2022	69.15	65.25	71.11	72.52	72.67	70.96	73.28(5.7%)	UT	HoldLong	50	0.1	16	-160	-11	98	1.29	55%	0.22	45.3	4.84%	0.4	1.1	67	-0.6
14	Nov_3_2022	69	64.42	70.14	72.91	73.07	71.59	69.33(-3.26%)	UD	OpenLong	65	-0.5	1	-140	-35	109	1.21	54%	0.09	51.1	4.79%	-1.2	0.7	69	0.5
15	Nov_2_2022	68.94	64	69.13	73.06	73.95	74.37	71.67(-3.89%)	UD	OpenLong	75	-0.2	38	80	7	129	1.48	54%	0.15	57.1	4.8%	-2	1.2	66	0.5

16	Nov_1_2022	68.84	63.56	68.1	72.42	73.17	74.56	74.57(1.14%)	UT	HoldLong	65	0.3	59	160	28	150	1.08	54%	0.17	61.3	4.8%	0.5	1.7	76	1.2
17	Oct_31_2022	68.72	63.02	67.01	71.1	71.64	73.53	73.73(-1.99%)	UD	OpenLong	75	0.4	71	210	40	165	1.19	54%	0.06	68.4	4.81%	0.6	1.8	75	2.2
18	Oct_28_2022	68.68	62.22	65.71	69.47	69.67	71.78	75.23(7.32%)	UT	OpenLong	75	1	77	220	48	164	1.62	54%	-0.03	66.5	4.83%	2.1	2.3	71	1.4
19	Oct_27_2022	68.7	61.14	63.85	67.03	67.69	69.75	70.1(2.35%)	UT	OpenLong	75	0.6	78	240	55	145	1.47	52%	-0.22	58	4.75%	0.8	1.8	67	1.8
20	Oct_26_2022	68.85	60.41	62.78	64.6	65.11	67.56	68.49(0.82%)	UT	OpenLong	75	0.9	61	290	45	110	1.8	52%	-0.29	42.4	4.78%	0.7	1.8	58	1.3

21	Oct_25_2022	69.05	59.85	61.28	63.11	62.8	65.62	67.93(3.54%)	UT	OpenLong	75	1.2	50	300	43	72	1.7	52%	-0.29	28	4.81%	1.3	1.9	54	1.4
22	Oct_24_2022	69.25	59.18	59.85	62.34	61.67	62.66	65.61(4.08%)	UT	OpenLong	75	0.9	36	80	35	39	2.24	52%	-0.3	8.1	4.79%	1.5	1.7	50	1.1
23	Oct_21_2022	69.46	58.66	58.85	61.41	61.52	59.97	63.04(8.8%)	UT	OpenLong	75	0.5	2	-170	-0	9	1.98	52%	-0.39	-19.7	4.77%	1.5	1.3	56	0.9
24	Oct_20_2022	69.73	58.41	58.19	60.22	61.67	60.69	57.94(-5.06%)	DT	OpenShort	-75	-0.7	-24	-40	-28	-11	1.87	49%	-0.41	-44.5	4.65%	-1.8	-0.1	57	1.4
25	Oct_19_2022	70.02	58.57	58.49	60.58	61.7	63.08	61.03(-4.74%)	UD	OpenLong	75	0.1	27	210	27	26	1.63	54%		-52	4.61%	-1.1	0.7	57	0.3
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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