| TZA latest price $35.8500 (4.7%) ($33.2600 - $35.9500) on Fri. Mar. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.88% (three month average) |
RSI | 52 |
Latest Price | $35.8500(4.7%) |
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 -0.2% 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(41%) VXX(18%) TBT(13%) EDOC(2%) |
Factors Impacting TZA price | TZA will decline at least -2.44% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.44% (StdDev 4.88%) |
Hourly BBV | 1.3 () |
Intraday Trend | 6.3% |
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