| TZA latest price $28.9800 (-1.02%) ($28.5320 - $29.2700) on Wed. Jun. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.91% (three month average) |
RSI | 44 |
Latest Price | $28.9800(-1.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TZA advances 1.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock 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 -1.955% 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 | -1.955% (StdDev 3.91%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1% |
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