
Technical analysis of Direxion Daily Small Cap Bull 3X Shares (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Direxion Daily Small Cap Bull 3X Shares (TNA) is a fund that provides 3X daily leveraged exposure to small-capitalization companies included in the Russell 3000® Index through financial instruments such as swap agreements, index securities, and ETFs. The fund invests at least 80% of its net assets in these financial instruments to track the index, which measures the performance of approximately 2,000 small-cap companies based on their market capitalization and index membership.
Description generated automatically from public sources; it may be inaccurate or out of date.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Direxion Daily Small Cap Bull 3X Shares analysed technically?
Technical analysis of Direxion Daily Small Cap Bull 3X Shares is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Direxion Daily Small Cap Bull 3X Shares?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Direxion Daily Small Cap Bull 3X Shares?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Direxion Daily Small Cap Bull 3X Shares it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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