| TZA latest price $45.0800 (4.57%) ($44.0800 - $47.3800) on Tue. May. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.55% (three month average) |
RSI | 69 |
Latest Price | $45.0800(4.57%) |
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 2.4% 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(61%) UUP(40%) VXX(16%) TBT(14%) TLT(-15%) |
Factors Impacting TZA price | TZA will decline at least -2.775% in a week (0% probabilities). VT(-90%) 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 | -2.775% (StdDev 5.55%) |
Hourly BBV | 0.1 () |
Intraday Trend | 1.7% |
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