| TZA latest price $48.2700 (-5.33%) ($46.4800 - $49.4800) on Tue. Jun. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.91% (three month average) |
RSI | 67 |
Latest Price | $48.2700(-5.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.4% a day on average for past five trading days. |
Weekly Trend | TZA advances 16.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(60%) UUP(39%) TBT(16%) VXX(16%) EDOC(-10%) |
Factors Impacting TZA price | TZA will decline at least -2.955% in a week (0% probabilities). VT(-90%) XRT(-87%) XLI(-87%) VYM(-87%) XLF(-85%) |
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 | -2.955% (StdDev 5.91%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.4% |
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