| TZA latest price $35.7500 (-6.44%) ($35.5800 - $38.4800) on Wed. Sep. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.05% (three month average) |
RSI | 72 |
Latest Price | $35.7500(-6.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.7% a day on average for past five trading days. |
Weekly Trend | TZA advances 11% 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(56%) UUP(41%) TBT(19%) VXX(16%) EDOC(5%) |
Factors Impacting TZA price | TZA will decline at least -2.525% in a week (0% probabilities). XRT(-88%) VT(-88%) 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 | -2.525% (StdDev 5.05%) |
Hourly BBV | -1.3 () |
Intraday Trend | -7.1% |
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