| TZA latest price $210.8000 (2.48%) ($203.7000 - $212.6000) on Wed. May. 4, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 53 |
Latest Price | $210.8000(2.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2.1% a day on average for past five trading days. |
Weekly Trend | TZA advances 0.8% 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(7%) TLT(5%) IGOV(4%) UNG(4%) GDXJ(3%) |
Factors Impacting TZA price | TZA will decline at least -1.75% in a week (0% probabilities). XLB(-14%) XLI(-13%) VYM(-13%) VT(-13%) SDY(-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 | -1.75% (StdDev 3.5%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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