| TZA latest price $29.2600 (-5.98%) ($28.5300 - $31.5850) on Mon. Dec. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.74% (three month average) |
RSI | 75 |
Latest Price | $29.2600(-5.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.7% a day on average for past five trading days. |
Weekly Trend | TZA advances 12.7% 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(38%) VXX(20%) TBT(8%) IGOV(3%) |
Factors Impacting TZA price | TZA will decline at least -1.87% in a week (0% probabilities). VT(-90%) XRT(-87%) XLI(-86%) XHB(-85%) XLY(-84%) |
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 | -1.87% (StdDev 3.74%) |
Hourly BBV | -1.3 () |
Intraday Trend | -3.6% |
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