| TZA latest price $321.2000 (-1.35%) ($310.4000 - $362.1000) on Wed. Jan. 20, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.67% (three month average) |
RSI | 89 |
Latest Price | $321.2000(-1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2.4% a day on average for past five trading days. |
Weekly Trend | TZA advances 17.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(8%) TLT(6%) IGOV(4%) UNG(4%) GDXJ(3%) |
Factors Impacting TZA price | TZA will decline at least -1.835% in a week (0% probabilities). XLB(-15%) VT(-14%) SDY(-14%) LIT(-14%) IYT(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.835% (StdDev 3.67%) |
Hourly BBV | 0 () |
Intraday Trend | -5.3% |
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