DIRX DLY SMAL CAP B3X ETF-UI (TZA) Technical Analysis
NYSEARCA:TZA • US25460E2321
Current stock price
TZA Technical Rating and Analysis
Taking everything into account, TZA scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. TZA was also a bad performer in the overall market in the last year.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, TZA is a bad performer in the overall market: 88% of all stocks are doing better.
- TZA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TZA is lagging the market.
- TZA has an average volume of 133079000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month TZA has a been trading in the 6.02 - 7.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
TZA Weekly and Daily overview Charts
TZA Setup Rating and Analysis
TZA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.51. Right above this resistance zone may be a good entry point.
More info and screens
TZA Support and Resistance Analysis
5.80
When analyzing the support we can see 3 important areas.
- Support @6.76 from a horizontal line in the daily time frame.
- Support @6.11 from a trend line in the daily time frame.
- Support @5.86 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.51 to 7.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.44 from a trend line in the daily time frame.
- Resistance @9.24 from a horizontal line in the daily time frame.
TZA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TZA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TZA is neutral. |
| ChartMill Relative Strength | 12.32 | NEGATIVE | TZA has a low relative strength, it was outperformed by 87.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TZA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TZA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TZA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.81 | NEUTRAL | The RSI value for TZA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TZA has a negative trend. |
| Stochastics (14,3) | 39.18 | NEUTRAL | The Stochastics value for TZA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for TZA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.6 | POSITIVE | The high ADX value value for TZA suggests a strong trend. |
TZA Chart- and CandleStick Pattern Analysis
TZA Technicals: Chart, Performance Metrics, Trend & Indicators
7.14
+0.37 (+5.47%)
DIRX DLY SMAL CAP B3X ETF-UI / TZA TA FAQ
What is the technical rating for TZA stock?
ChartMill assigns a technical rating of 3 / 10 to TZA.
Can you provide the trend direction for DIRX DLY SMAL CAP B3X ETF-UI?
The current trend direction for DIRX DLY SMAL CAP B3X ETF-UI (TZA) is Bearish.
What is the RSI signal for TZA stock?
DIRX DLY SMAL CAP B3X ETF-UI (TZA) has an RSI value of 54.8109. This indicates that the stock is currently neutral.
What is the short term momentum for DIRX DLY SMAL CAP B3X ETF-UI (TZA) stock?
The short term momentum for DIRX DLY SMAL CAP B3X ETF-UI (TZA) is neutral.