| TZA latest price $29.7200 (-6.66%) ($29.4700 - $31.2700) on Mon. Jun. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.15% (three month average) |
RSI | 50 |
Latest Price | $29.7200(-6.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.9% 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 | Broad based rally for large cap. Broad based rally 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(0%) |
Factors Impacting TZA price | TZA will decline at least -2.075% 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 | -2.075% (StdDev 4.15%) |
Hourly BBV | -0.9 () |
Intraday Trend | -3.8% |
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