| TZA latest price $99.8000 (4.12%) ($97.1000 - $100.3100) on Tue. Jan. 17, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 55 |
Latest Price | $99.8000(4.12%) |
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 -0.3% a week on average for past two weeks. |
Market Behavior | Value stocks 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%) EWY(-13%) XLV(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.47% (StdDev 2.94%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
| |
|
|