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FAS
ETF ticker: NYSE ARCA
AS OF
Jan 17, 04:59 PM (EDT)
Price
$167.40
Change
+$4.08 (+2.50%)
Net Assets
2.69B

FAS stock forecast, quote, news & analysis

Category: @Trading
FAS
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for FAS with price predictions
Jan 08, 2025

FAS's RSI Oscillator climbs out of oversold territory

The RSI Oscillator for FAS moved out of oversold territory on December 20, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where FAS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FAS advanced for three days, in of 359 cases, the price rose further within the following month. The odds of a continued upward trend are .

FAS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FAS as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

FAS moved below its 50-day moving average on December 18, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for FAS crossed bearishly below the 50-day moving average on December 20, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FAS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for FAS entered a downward trend on December 30, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are VISA (NYSE:V), JPMorgan Chase & Co (NYSE:JPM), Mastercard (NYSE:MA), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), American Express Company (NYSE:AXP), Morgan Stanley (NYSE:MS), Goldman Sachs Group (NYSE:GS), Charles Schwab Corp (The) (NYSE:SCHW), Citigroup (NYSE:C).

Industry description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Financials Select Sector Index. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index includes securities of companies from the following industries: Banks; Thrifts & Mortgage Finance; Diversified Financial Services; Consumer Finance; Capital Markets; Insurance; and Mortgage REITs. It is non-diversified.

Market Cap

The average market capitalization across the Direxion Daily Financial Bull 3X ETF ETF is 77.38B. The market cap for tickers in the group ranges from 7.17B to 632.33B. BRK.B holds the highest valuation in this group at 632.33B. The lowest valued company is CMA at 7.17B.

High and low price notable news

The average weekly price growth across all stocks in the Direxion Daily Financial Bull 3X ETF ETF was 19%. For the same ETF, the average monthly price growth was 16%, and the average quarterly price growth was 48%. C experienced the highest price growth at 12%, while JKHY experienced the biggest fall at 1%.

Volume

The average weekly volume growth across all stocks in the Direxion Daily Financial Bull 3X ETF ETF was 32%. For the same stocks of the ETF, the average monthly volume growth was 29% and the average quarterly volume growth was 1%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 73
P/E Growth Rating: 48
Price Growth Rating: 40
SMR Rating: 44
Profit Risk Rating: 36
Seasonality Score: 13 (-100 ... +100)
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FAS
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
Direxion Shares ETF Trust33 Whitehall Street,10th FloorNew York
Phone
866-476-7523
Web
http://www.direxioninvestments.com/