| TZA latest price $319.8000 (6.49%) ($302.5000 - $322.3000) on Mon. Jan. 25, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.79% (three month average) |
RSI | 78 |
Latest Price | $319.8000(6.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.4% a day on average for past five trading days. |
Weekly Trend | TZA advances 10.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -1.895% in a week (0% probabilities). XLB(-15%) SDY(-14%) LIT(-14%) IWD(-14%) XLI(-13%) |
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 | -1.895% (StdDev 3.79%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
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