Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Direxion Small Cap Bear 3X Shares (PACF:TZA)
Sidelines Mode (+50) - TZA is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TZA can gain momentum.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TZA
The long-term trend has been DOWN since Dec 13th, 2023 at 24.65
The intermediate-term trend has been UP since Apr 12th, 2024 at 19.81
The short-term trend has been UP since May 1st, 2024 at 20.80
Smart Scan Analysis for TZA
Based on our trend formula, TZA is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.5200 | 19.1703 | 18.3000 | 18.9600 | -0.5400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.9400 | 21800420 | 2024-05-03 15:59:55 |
| Year High | 14.72 | Year High Date | 2018-02-09 |
| Year Low | 7.804 | Year Low Date | 2018-08-31 |
| 52wk High | 40.22 | 52wk High Date | 2023-10-27 |
| 52wk Low | 16.434 | 52wk Low Date | 2024-03-28 |
| Year End Close | 13.5004 | Average Volume | 23,720,067 |
| Shares Outstanding | 11,323 | Assets | 8,127M |
| Beta | -3.34000000 | Volatility | 70.93 |