| TZA latest price $31.8400 (6.99%) ($30.3500 - $32.1500) on Fri. Jun. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.08% (three month average) |
RSI | 53 |
Latest Price | $31.8400(6.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2.7% a day on average for past five trading days. |
Weekly Trend | TZA declines -0.7% 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(67%) UUP(37%) VXX(23%) TBT(3%) IGOV(1%) |
Factors Impacting TZA price | TZA will decline at least -2.04% in a week (0% probabilities). VT(-89%) XRT(-86%) XLI(-85%) VFMO(-85%) XHB(-83%) |
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 | -2.04% (StdDev 4.08%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.2% |
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