| TZA latest price $40.4800 (8.26%) ($36.6100 - $40.8300) on Fri. Apr. 29, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.01% (three month average) |
RSI | 64 |
Latest Price | $40.4800(8.26%) |
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 7.4% 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 -2.505% in a week (0% probabilities). VT(-91%) XLI(-88%) XRT(-87%) VYM(-87%) XLF(-86%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.505% (StdDev 5.01%) |
Hourly BBV | 1.6 () |
Intraday Trend | 6.8% |
| |
|
|