| TZA latest price $32.2500 (-1.98%) ($31.2300 - $32.9200) on Thu. Dec. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.64% (three month average) |
RSI | 53 |
Latest Price | $32.2500(-1.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.9% a day on average for past five trading days. |
Weekly Trend | TZA advances 1.3% 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(54%) UUP(26%) VXX(17%) TBT(11%) EDOC(1%) |
Factors Impacting TZA price | TZA will decline at least -2.82% in a week (0% probabilities). XRT(-85%) XLI(-85%) VT(-85%) VYM(-84%) VFMO(-83%) |
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 | -2.82% (StdDev 5.64%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.2% |
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