| TZA latest price $98.5000 (2.6%) ($95.5000 - $99.4800) on Thu. Dec. 22, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 31 |
Latest Price | $98.5000(2.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.1% a day on average for past five trading days. |
Weekly Trend | TZA declines -2.6% a week on average for past two weeks. |
Market Behavior | Growth stock 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(6%) TLT(5%) IGOV(4%) UNG(4%) GDXJ(3%) |
Factors Impacting TZA price | TZA will decline at least -1.47% in a week (0% probabilities). XLB(-14%) SDY(-13%) LIT(-13%) IYT(-13%) IWD(-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 | -1.47% (StdDev 2.94%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
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