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Direxion Daily Financial Bull 3X ETF

FAS Technical Analysis Summary (AMEX)

Analyze FAS on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

FAS●AMEX
Financial ServicesAsset Management - Leveraged
$166.19
$5.29(3.29%)
U.S. Market opens in 13h 40m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FAS Technical Analysis Summary (AMEX)

Direxion Daily Financial Bull 3X ETF (AMEX: FAS) stock currently shows a bullish trend on the AMEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.92)
Trend Strength:Moderate (ADX: 25.39)
Volatility:Medium (ATR: 5.91)
Support/Resistance:$136.27 – $163.73 (Bollinger Bands)

Technical conditions suggest Direxion Daily Financial Bull 3X ETF on the AMEX is awaiting a decisive move. Overall, Direxion Daily Financial Bull 3X ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 61.92

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 94.64

Bearish
Overbought levels may trigger pullback.

Williams %R: -0.22

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 17.99

Strongly Bullish
Strong upside momentum.

Takeaway:Direxion Daily Financial Bull 3X ETF shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.30

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.39

Moderate
Moderate trend, direction gaining strength.

ATR (14): 5.91

High
High volatility, wide price fluctuations.

CCI (14): 147.31

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Direxion Daily Financial Bull 3X ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$163.73
Middle Band (SMA 20)
$150.00
Lower Band
$136.27
Current Position
Above Upper Band

Takeaway:Direxion Daily Financial Bull 3X ETF trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$166.91
Middle Line (EMA 20)
$155.09
Lower Channel
$143.27
Squeeze Status
No Squeeze

Takeaway:Direxion Daily Financial Bull 3X ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-469.49K
Money Flow Index82.54Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index65.80Bullish, price momentum strongly favors buyers.

Overall Takeaway:FAS shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Direxion Daily Financial Bull 3X ETF (AMEX: FAS), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Direxion Daily Financial Bull 3X ETF are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: FAS) Technical Analysis FAQ