Technical Analysis for TZA - Direxion Small Cap Bear 3X Shares

Grade Last Price % Change Price Change
grade F 19.94 -11.57% -2.61
TZA closed down 11.57 percent on Friday, June 5, 2020, on 2.38 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical TZA trend table...

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
New 52 Week Closing Low Bearish 0.00%
New Downtrend Bearish 0.00%
Gilligan's Island Buy Setup Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Multiple of Ten Bearish Other 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000® Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000® Index, representing approximately 10% of the total market capitalization of that index. The fund is non-diversified.
Exchange Traded Fund ETF Index Fund Leveraged ETF Ultra ETF Bear Market ETF Inverse ETF Russell 2000 Index Russell 3000 Index

Is TZA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 118.69
52 Week Low 19.02
Average Volume 16,637,794
200-Day Moving Average 43.73
50-Day Moving Average 40.09
20-Day Moving Average 28.75
10-Day Moving Average 24.26
Average True Range 3.58
ADX 25.83
+DI 16.42
-DI 40.20
Chandelier Exit (Long, 3 ATRs ) 33.48
Chandelier Exit (Short, 3 ATRs ) 29.75
Upper Bollinger Band 39.57
Lower Bollinger Band 17.93
Percent B (%b) 0.09
BandWidth 75.26
MACD Line -5.25
MACD Signal Line -5.16
MACD Histogram -0.0914
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.80
Resistance 3 (R3) 21.70 20.98 21.49
Resistance 2 (R2) 20.98 20.51 21.03 21.39
Resistance 1 (R1) 20.46 20.21 20.72 20.56 21.28
Pivot Point 19.74 19.74 19.87 19.79 19.74
Support 1 (S1) 19.22 19.27 19.48 19.32 18.60
Support 2 (S2) 18.50 18.97 18.55 18.49
Support 3 (S3) 17.98 18.50 18.39
Support 4 (S4) 18.08