| TZA latest price $33.7800 (6.8%) ($30.4800 - $34.1000) on Thu. Apr. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.93% (three month average) |
RSI | 62 |
Latest Price | $33.7800(6.8%) |
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 2.9% 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(14%) TLT(-14%) |
Factors Impacting TZA price | TZA will decline at least -2.465% in a week (0% probabilities). VT(-91%) XLI(-88%) XRT(-87%) VYM(-87%) 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 | -2.465% (StdDev 4.93%) |
Hourly BBV | 2.5 () |
Intraday Trend | 10% |
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