| TZA latest price $96.5000 (3.32%) ($90.2500 - $97.0300) on Wed. Apr. 5, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 63 |
Latest Price | $96.5000(3.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TZA declines -0.6% 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(6%) TLT(5%) GDXJ(4%) IGOV(4%) UNG(4%) |
Factors Impacting TZA price | TZA will decline at least -1.24% in a week (0% probabilities). XLB(-14%) SDY(-13%) PAVE(-13%) LIT(-13%) EWY(-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 | -1.24% (StdDev 2.48%) |
Hourly BBV | 0 () |
Intraday Trend | 5.6% |
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