| TZA latest price $32.8800 (4.15%) ($32.1400 - $33.5700) on Wed. Apr. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.01% (three month average) |
RSI | 55 |
Latest Price | $32.8800(4.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2.2% 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 | Growth stock 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 -2.505% 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 | -2.505% (StdDev 5.01%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.6% |
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