| TZA latest price $31.5700 (7.24%) ($28.8400 - $31.7600) on Tue. Apr. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.99% (three month average) |
RSI | 45 |
Latest Price | $31.5700(7.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2.4% a day on average for past five trading days. |
Weekly Trend | TZA declines -1.5% 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(64%) UUP(40%) VXX(17%) TBT(15%) EDOC(8%) |
Factors Impacting TZA price | TZA will decline at least -2.495% in a week (0% probabilities). VT(-91%) XLI(-88%) VYM(-87%) XRT(-86%) XHB(-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 | -2.495% (StdDev 4.99%) |
Hourly BBV | 2.3 () |
Intraday Trend | 7.2% |
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