| TZA latest price $31.1300 (2.71%) ($30.2100 - $31.2770) on Fri. Aug. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.41% (three month average) |
RSI | 48 |
Latest Price | $31.1300(2.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.6% a day on average for past five trading days. |
Weekly Trend | TZA declines -1.6% 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(6%) IGOV(3%) |
Factors Impacting TZA price | TZA will decline at least -1.705% in a week (0% probabilities). VT(-90%) XRT(-86%) XLI(-85%) VFMO(-84%) XLY(-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 | -1.705% (StdDev 3.41%) |
Hourly BBV | 2 () |
Intraday Trend | 2.5% |
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