| TZA latest price $30.8200 (2.87%) ($29.6600 - $31.5990) on Wed. Jul. 7, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.48% (three month average) |
RSI | 59 |
Latest Price | $30.8200(2.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.5% a day on average for past five trading days. |
Weekly Trend | TZA declines -0.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(22%) TBT(4%) IGOV(1%) |
Factors Impacting TZA price | TZA will decline at least -1.74% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.74% (StdDev 3.48%) |
Hourly BBV | 1 () |
Intraday Trend | 2.3% |
| |
|
|