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

Grade Last Price % Change Price Change
C 19.00 2.37% 0.44
TZA closed up 2.37 percent on Monday, July 1, 2024, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Flat

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
20 DMA Resistance Bearish 2.37%
50 DMA Resistance Bearish 2.37%
MACD Bearish Signal Line Cross Bearish 2.37%
Bollinger Band Squeeze Range Contraction 2.37%
Gapped Down Weakness 2.37%
Fell Below 20 DMA Bearish 1.39%
Fell Below 50 DMA Bearish 1.39%

   Recent Intraday Alerts

Alert Time
Up 3% about 8 hours ago
60 Minute Opening Range Breakout about 9 hours ago
Rose Above 10 DMA about 9 hours ago
Rose Above 20 DMA about 10 hours ago
Rose Above Previous Day's High about 10 hours ago

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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.
Classification

Keywords: Exchange Traded Fund ETF Index Fund Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Russell 2000 Index Russell 3000 Index

Top 10 Components

Symbol Grade Price % Change Allocation
NVCR D 1.28 0.38
TDOC F -4.70 0.32
GNRC D 0.71 0.30
LITE B 1.00 0.28
AMED A 5.32 0.27
TREX F -1.98 0.27
HAE D 0.00 0.27
ARWR C 0.23 0.25
POR C -0.51 0.25
RGEN F -2.17 0.25

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 39.0513
52 Week Low 16.2346
Average Volume 19,182,179
200-Day Moving Average 22.92
50-Day Moving Average 18.68
20-Day Moving Average 18.84
10-Day Moving Average 19.03
Average True Range 0.79
RSI (14) 52.38
ADX 8.33
+DI 24.22
-DI 29.34
Chandelier Exit (Long, 3 ATRs) 17.61
Chandelier Exit (Short, 3 ATRs) 19.56
Upper Bollinger Bands 19.69
Lower Bollinger Band 18.00
Percent B (%b) 0.59
BandWidth 8.97
MACD Line 0.15
MACD Signal Line 0.17
MACD Histogram -0.0198
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.35
Resistance 3 (R3) 20.27 19.73 20.13
Resistance 2 (R2) 19.73 19.39 19.78 20.05
Resistance 1 (R1) 19.37 19.18 19.55 19.45 19.97
Pivot Point 18.83 18.83 18.93 18.88 18.83
Support 1 (S1) 18.47 18.49 18.65 18.55 18.03
Support 2 (S2) 17.93 18.28 17.98 17.95
Support 3 (S3) 17.57 17.93 17.88
Support 4 (S4) 17.65