FAS.L Forecast and Technical Stock Analysis
Sell candidate since 2019-08-13 Loss -2.08%
DIREXION DAILY FINANCIAL BULL 3X SHARES gained 0.95% in the last trading day ( Friday, 16th Aug 2019 ), rising from £4.20 to £4.24 During the day the stock fluctuated 2.42% from a day low at £4.14 to a day high of £4.24. The price has fallen in 5 of the last 10 days and is down by -4.93% for this period. Volume fell in the last day by -58 590 shares and in total, 68 689 shares bought and sold for approximately £291 241.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the FAS.L stock price was £4.60 and low was £4.11.
- 90 day high was £4.60 and low was £4.11.
- 52 week high for DIREXION DAILY FINANCIAL BULL 3X SHARES - £424.00 and low - £3.49.
DIREXION DAILY FINANCIAL BULL 3X SHARES lies in the lower part of a weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at £4.20 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 3.64% during the next 3 months and, with 90% probability hold a price between £4.36 and £4.77 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. DIREXION DAILY FINANCIAL BULL 3X SHARES holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at £4.29 and £4.45. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 80 ]
RSI14 is 23 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
DIREXION DAILY FINANCIAL BULL 3X SHARES finds support from accumulated volume at £4.22.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.74 %Average volatility
Very Low Low Medium High Very High
The DIREXION DAILY FINANCIAL BULL 3X SHARES stock holds several negative signals and despite the positive trend we believe DIREXION DAILY FINANCIAL BULL 3X SHARES will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!