| TZA latest price $94.9000 (1.99%) ($91.4000 - $95.1000) on Wed. Mar. 8, 2017. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.44% (three month average) |
| RSI | 62 |
| Latest Price | $94.9000(1.99%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | TZA advances 1.9% a day on average for past five trading days. |
| Weekly Trend | TZA advances 1.9% 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 -1.22% 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 | -1.22% (StdDev 2.44%) |
| Hourly BBV | 0 () |
| Intraday Trend | 3% |
| | |
| |
|