| TZA latest price $35.4300 (2.52%) ($33.7500 - $35.7700) on Fri. Feb. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.83% (three month average) |
RSI | 51 |
Latest Price | $35.4300(2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.4% a day on average for past five trading days. |
Weekly Trend | TZA declines -2.4% 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(66%) UUP(40%) VXX(19%) TBT(12%) EDOC(-4%) |
Factors Impacting TZA price | TZA will decline at least -2.415% in a week (0% probabilities). VT(-91%) XLI(-88%) XRT(-87%) XHB(-86%) VYM(-86%) |
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 | -2.415% (StdDev 4.83%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.2% |
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