| TZA latest price $38.1400 (5.62%) ($34.8850 - $38.1400) on Fri. Jan. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.34% (three month average) |
RSI | 81 |
Latest Price | $38.1400(5.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 4.9% 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 sell-off 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(40%) VXX(19%) TBT(10%) EDOC(-8%) |
Factors Impacting TZA price | TZA will decline at least -2.17% in a week (0% probabilities). VT(-90%) XRT(-87%) XLI(-87%) XHB(-86%) VYM(-85%) |
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 | -2.17% (StdDev 4.34%) |
Hourly BBV | 1.8 () |
Intraday Trend | 4.2% |
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