FAZ Stock Direxion Daily Financial Bear 3X ETF (FAZ, $6.35) entered Uptrend as Momentum indicator ascends above 0 level on Apr 03, 2025
at Tickeron.com
FAZ in +6.74% Uptrend, rising for three consecutive days on March 28, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where FAZ advanced for three days, in of 267 cases, the price rose further within the following month. The odds of a continued upward trend are .
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 66 cases where FAZ'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 .
FAZ moved above its 50-day moving average on March 27, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FAZ crossed bullishly above the 50-day moving average on March 11, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for FAZ moved out of overbought territory on March 14, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 23 similar instances where the indicator moved out of overbought territory. In of the 23 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on March 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FAZ as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for FAZ turned negative on March 20, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FAZ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FAZ broke above its upper Bollinger Band on March 10, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
General Information
Category Trading