| TZA latest price $34.3900 (-0.95%) ($31.9950 - $34.7660) on Tue. Apr. 12, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.98% (three month average) |
RSI | 58 |
Latest Price | $34.3900(-0.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.7% a day on average for past five trading days. |
Weekly Trend | TZA advances 6.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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%) TLT(-15%) |
Factors Impacting TZA price | TZA will decline at least -2.49% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.49% (StdDev 4.98%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.4% |
| |
|
|