| TZA latest price $30.9300 (-1.78%) ($30.1400 - $31.5500) on Fri. Nov. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.72% (three month average) |
RSI | 50 |
Latest Price | $30.9300(-1.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1% a day on average for past five trading days. |
Weekly Trend | TZA declines -5.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(54%) UUP(32%) VXX(16%) TBT(15%) EDOC(-7%) |
Factors Impacting TZA price | TZA will decline at least -2.86% in a week (0% probabilities). XRT(-86%) XLI(-86%) VYM(-86%) VT(-86%) XHB(-84%) |
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 | -2.86% (StdDev 5.72%) |
Hourly BBV | -0.3 () |
Intraday Trend | 1.4% |
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