| TZA latest price $34.0800 (-8.14%) ($33.6200 - $35.5200) on Wed. Mar. 9, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.89% (three month average) |
RSI | 57 |
Latest Price | $34.0800(-8.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.9% a day on average for past five trading days. |
Weekly Trend | TZA advances 0.1% 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(65%) UUP(41%) VXX(18%) TBT(12%) TLT(-12%) |
Factors Impacting TZA price | TZA will decline at least -2.445% in a week (0% probabilities). VT(-91%) XLI(-88%) XRT(-87%) VYM(-86%) XLB(-85%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.445% (StdDev 4.89%) |
Hourly BBV | -1.5 () |
Intraday Trend | -3% |
| |
|
|