| TZA latest price $37.7300 (4.66%) ($35.4900 - $37.8200) on Thu. Dec. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.28% (three month average) |
RSI | 65 |
Latest Price | $37.7300(4.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.9% a day on average for past five trading days. |
Weekly Trend | TZA advances 5% 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) CEMB(6%) INDA(3%) IGOV(2%) BWX(1%) JETS(-1%) |
Factors Impacting TZA price | TZA will decline at least -2.64% in a week (0% probabilities). SKYY(-42%) DRIV(-30%) GDXJ(-20%) GDX(-20%) SIL(-18%) |
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 | -2.64% (StdDev 5.28%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
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