Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Direxion Daily Small Cap Bear 3X Shares (GIF:TZA)
Bull Market Weakness (+75) - TZA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TZA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TZA?
MarketClub looks at technical strength and momentum to determine if the timing is right for TZA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TZA
The long-term trend has been UP since Sep 2nd, 2020 at 26.768
The intermediate-term trend has been UP since Sep 2nd, 2020 at 16.597
The short-term trend has been UP since Sep 21st, 2020 at 16.906
Smart Scan Analysis for TZA
Based on our trend formula, TZA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.371 | 18.406 | 16.371 | 18.011 | -0.004 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.348 | 0 | 2020-09-22 13:33:22 |