| TZA latest price $21.8300 (-4.88%) ($21.7800 - $23.2800) on Fri. Jul. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.59% (three month average) |
RSI | 49 |
Latest Price | $21.8300(-4.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.3% a day on average for past five trading days. |
Weekly Trend | TZA declines -1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) UNG(6%) UUP(4%) XLF(3%) XLK(3%) IPO(2%) |
Factors Impacting TZA price | TZA will decline at least -3.795% in a week (0% probabilities). GLD(-9%) IGOV(-6%) REMX(-5%) LIT(-5%) GDX(-5%) |
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 | -3.795% (StdDev 7.59%) |
Hourly BBV | -1.2 () |
Intraday Trend | -4.8% |
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