| TZA latest price $46.4500 (2.88%) ($44.7000 - $47.2000) on Wed. Apr. 17, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 35 |
Latest Price | $46.4500(2.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.5% a day on average for past five trading days. |
Weekly Trend | TZA declines -2.9% 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) UNG(5%) IFRA(4%) IGOV(4%) TLT(4%) VIXM(4%) |
Factors Impacting TZA price | TZA will decline at least -1.365% in a week (0% probabilities). XLB(-12%) LIT(-12%) EWY(-12%) SDY(-11%) PAVE(-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 | -1.365% (StdDev 2.73%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
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