| TZA latest price $217.4000 (3.62%) ($208.4000 - $220.4000) on Tue. May. 5, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.28% (three month average) |
RSI | 71 |
Latest Price | $217.4000(3.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2% a day on average for past five trading days. |
Weekly Trend | TZA advances 4.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(9%) TLT(6%) IGOV(5%) UNG(4%) SHY(3%) |
Factors Impacting TZA price | TZA will decline at least -1.14% in a week (0% probabilities). XLB(-15%) XLI(-14%) VYM(-14%) VT(-14%) SPY(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.14% (StdDev 2.28%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
| |
|
|