| TZA latest price $68.4000 (4.59%) ($64.8000 - $69.1000) on Fri. Dec. 14, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.13% (three month average) |
RSI | 62 |
Latest Price | $68.4000(4.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.5% a day on average for past five trading days. |
Weekly Trend | TZA advances 7.2% 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) TLT(5%) UNG(5%) VIXM(5%) GDXJ(4%) IGOV(4%) |
Factors Impacting TZA price | TZA will decline at least -2.065% in a week (0% probabilities). XLB(-13%) SDY(-12%) LIT(-12%) EWY(-12%) XLI(-11%) |
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 | -2.065% (StdDev 4.13%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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