2010-07-26 15:42:30
Direxion Daily Financial Bull 3X Shares FAS 07/26/2010 3:35PM EST
$22.79 +$0.81 + 3.69% Vol 35,163,198
Chart Checkup ( 15 minute / 10 days )
Moving Average Price Compare -- No current signals
Moving Average Price Compare -- No current signals
Moving Average Price Compare - No current signals
Bollinger Bands
FAS has been relatively stable recently. This is evidenced by the width of its Bollinger Bands which are tighter than normal. Additionally, FAS is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.
Stochastics
The Stochastic Oscillator is registering a strong bullish signal as the %K has crossed above the %D and the oscillator recently moved above the critical value of 20 and is no longer oversold.
On Balance Volume
The On Balance Volume indicator (OBV) presently offers a bullish signal. This is because the slope of the indicator is positive and shows that there is considerable buying interest.
Price Channel
FAS is trading within its price channel. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the price action over the last 5 minute period.
|
Ride Momentum Stocks to Quick Gains! The market is finally breaking out, creating the perfectd wave for investing in momentum stocks. Zacks is the king of fundamental analysis, but this service also uses technical indicators for the best possible timing. Click here to learn more >>. |
| Make Big Bucks promoting Zacks products on your website! Click here to Learn about Zacks' Affiliate program. |
| Stock screening and chart patterns expert, Kevin Matras, combs through the best Zacks stock-picking strategies averaging +60% yearly gains to find stocks with charts showing they are ready to skyrocket. Chart Patterns Trader >> |
|
No Stocks are Harder to Find, or More Worth the Effort. They have the greatest potential for quick gains, but they're also the most difficult to find and time correctly. Now Zacks has perfected a system for identifying and profiting from turnaround stocks just as they begin a powerful rebound. Learn more here >>. |
| Take advantage of quick short-term moves, and profit from price moves in any direction. Trade options under the direction of an expert guide. Try it now and get a 90-day unconditional money-back guarantee. 50% OFF for a limited time! Zacks Options Trader >> |
| With Zacks Method for Trading you'll transform yourself into a Master Stock Trader, one simple step at a time. Get step-by-step instructions and learn how to use the 28% per year Zacks Rank system to find market-beating stocks on your own, fully exploiting the system that beat the market 18 of the last 20 years. Find out how >> |
This is preliminary ... and posting here ... so you be the judge:
FAS ... be thee Bull or Bear ...
Date .... .... Low .... Close .... Bull .... Bear
7/1/2010 .... 17.40 .... 18.73 .... 19.76 .... 18.29
7/2/2010 .... 17.71 .... 18.18 .... 19.39 .... 17.95
7/5/2010 .... 18.18 .... 18.18 .... 18.82 .... 17.42 ( July 4th - market was closed placeholder)
7/6/2010 .... 17.73 .... 18..31.... 18.82 .... 17.42
7/7/2010 .... 18.55 .... 20.58 .... 18.95 .... 17.55
7/8/2010 .... 20.17 .... 21.04 .... 21.30 .... 19.72
7/9/2010 .... 20.86 .... 22.05 .... 21.78 .... 20.16
7/12/2010 .. 21.32 .... 22.01 .... 22.82 .... 21.13
7/13/2010 .. 22.81 .... 23.57 .... 22.78 .... 21.09
7/14/2010 .. 22.42 .... 23.06 .... 24.39 .... 22.59
7/15/2010 .. 21.56 .... 22.94 .... 23.87 .... 22.10
7/16/2010 .. 20.00 .... 20.14 .... 23.74 .... 21.98
7/19/2010 .. 19.24 .... 20.11 .... 20.84 .... 19.30
7/20/2010 .. 18.98 .... 20.82 .... 20.81 .... 19.27
7/21/2010 .. 19.65 .... 19.80 .... 21.55 .... 19.95
7/22/2010 .. 20.50 .... 21.49 .... 20.49 .... 18.97
7/23/2010 .. 20.85 .... 21.98 .... 22.24 .... 20.59
and for Monday:
7/26/2010 .. 00.00 .... 00.00 .... 22.75 .... 21.06
I especially like how the Bear ( stage 1 estimates) are lining up with the lows and while I still have more work to do with the formulae .... to get closer . I like what I see so far ..