| TZA latest price $39.5000 (12.18%) ($36.3000 - $40.7400) on Thu. May. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 63 |
Latest Price | $39.5000(12.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.1% a day on average for past five trading days. |
Weekly Trend | TZA advances 7.6% 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(63%) UUP(40%) VXX(17%) TBT(13%) TLT(-14%) |
Factors Impacting TZA price | TZA will decline at least -2.6% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.6% (StdDev 5.2%) |
Hourly BBV | 1.5 () |
Intraday Trend | 8.8% |
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