| TZA latest price $32.2200 (-3.59%) ($32.0610 - $33.7800) on Mon. Dec. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.61% (three month average) |
RSI | 53 |
Latest Price | $32.2200(-3.59%) |
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 3.4% 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(25%) VXX(17%) TBT(11%) EDOC(2%) |
Factors Impacting TZA price | TZA will decline at least -2.805% in a week (0% probabilities). XRT(-85%) XLI(-85%) VT(-85%) VYM(-84%) XHB(-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 | -2.805% (StdDev 5.61%) |
Hourly BBV | -0.7 () |
Intraday Trend | -3.3% |
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