| TZA latest price $46.3600 (-1.05%) ($46.0800 - $47.2500) on Thu. Jul. 18, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3% (three month average) |
| RSI | 45 |
| Latest Price | $46.3600(-1.05%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | TZA advances 0.1% a day on average for past five trading days. |
| Weekly Trend | TZA advances 0.4% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability)
VIXM(6%) UNG(5%) IFRA(4%) IGOV(4%) TLT(4%) |
| Factors Impacting TZA price | TZA will decline at least -1.5% in a week (0% probabilities).
XLB(-12%) LIT(-12%) EWY(-12%) SDY(-11%) ICLN(-11%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.5% (StdDev 3%) |
| Hourly BBV | 0 () |
| Intraday Trend | -1.2% |
| | |
| |
|