Stock Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
DIREXION DAILY SM-CAP BEAR (PACF:TZA)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for TZA
The long term trend has been DOWN since Nov 10th, 2016 at 26.1112
The intermediate term trend has been UP since Oct 25th, 2017 at 13.6600
The short term trend has been DOWN since Nov 16th, 2017 at 13.9800
Smart Scan Analysis for TZA
Based on a pre-defined weighted trend formula for chart analysis, TZA scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||20.51||Year High Date||2017-01-23|
|Year Low||12.96||Year Low Date||2017-10-09|
|52wk High||22.925||52wk High Date||2016-11-17|
|52wk Low||12.96||52wk Low Date||2017-10-09|
|Year End Close||13.5004||Average Volume||8,460,323|