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.

GIF_TZA
Open High Low TZA Price Change
16.371 18.406 16.371 18.011 -0.004
Entry Signal

MarketClub’s Trade Triangles for TZA

long term up The long-term trend has been UP since Sep 2nd, 2020 at 26.768

intermediate term up The intermediate-term trend has been UP since Sep 2nd, 2020 at 16.597

short term up 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).

+70
Smart Scan Analysis for TZA
Strong Downtrend Sideways 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
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