FASDirexion Financial Bull 3X ETF
Since it joined the list
$FAS landed on the list 2026-05-14, down 29.3% from its 52-week high that day — now down -29.2%.
It has clawed back 8.9 percentage points off that level. It bottomed 31.5% below that high along the way.
Decline from the 52-week high as it stood on 2026-05-14 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
FAS qualifies for the Watch on decline depth.
The structural read
What price action says about FAS.
FAS qualifies for the Watch on decline depth — down -29.2% from its rolling 252-day high.
Cross-confirmation: decline sigma also reads 4.8σ over 20 bars.
Upstream TFC read: weak alignment, current phase daily. Last bar types — daily 2D (green), weekly 2U (red), monthly 1 (red).
52-week range
Questions about FAS
What people ask.
Why is FAS on Broken Stocks?
FAS qualifies for the Watch on decline depth. It is down -29.2% from its rolling 252-day high of $183.46, set on 2026-01-06 — 142d ago.
Is FAS a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. FAS is down -29.2% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is FAS a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is FAS trading inside its 52-week range?
At $129.82, FAS sits 29.4% of the way from its 52-week low ($106.91) to its 52-week high ($184.75). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has FAS been declining?
The current 29.2% decline accrued over 142d, which annualizes to roughly -75.1% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.