Direxion Daily Small Cap Bear 3X Shares technical analysis
Technical analysis of Direxion Daily Small Cap Bear 3X Shares (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Direxion Daily Small Cap Bear 3X Shares
TZA is an investment fund that provides 3X daily inverse exposure to the Russell 2000 Index, which measures the performance of approximately 2,000 small-cap companies. The fund invests at least 80% of its net assets in financial instruments, including swap agreements, futures contracts, and short positions, in order to achieve its investment objective.
Description generated automatically from public sources; it may be inaccurate or out of date.
Direxion Daily Small Cap Bear 3X Shares: latest session data
Closing values for October 20, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
47.29 $
+2.75%
50 sessions
43.02 $
+12.94%
200 sessions
49.88 $
−2.59%
Session levels
s2
49.83
Support
s1
50.44
Support
pivot
50.92
Pivot
r1
51.53
Resistance
r2
52.01
Resistance
How to read it
In the October 20, 2026 session Direxion Daily Small Cap Bear 3X Shares closed lower at 48.59 $, −4.82% versus the previous session.
The price sits mixed against its moving averages: +2.75% against the 21-session average, +12.94% against the 50 and −2.59% against the 200.
The 14-period RSI reads 56.5, in neutral territory.
MACD stands at 1.919 against a signal line at 1.831: the histogram is positive (+0.088).
ADX reads 41.6, indicating a marked directionality.
Levels computed on the latest session place supports at 50.44 and 49.83 $ and resistances at 51.53 and 52.01 $, around a pivot of 50.92.
The average daily range (ATR) is 1.929 $, or 3.97% of price.
Turnover was 5.8M shares, 137% of the 20-session average.
Over the last twelve months the price ranged between 35.94 and 52.36 $, and today stands −7.21% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
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How Montbon’s technical analysis works
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.
FAQ about Direxion Daily Small Cap Bear 3X Shares
How is Direxion Daily Small Cap Bear 3X Shares analysed technically?
Technical analysis of Direxion Daily Small Cap Bear 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 Bear 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 Bear 3X Shares?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Direxion Daily Small Cap Bear 3X Shares it helps frame the technical structure of the historical chart and is not a forecast.
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Russell 2000 Index^RUTDisclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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