| TZA latest price $28.4800 (4.13%) ($27.3450 - $28.5310) on Mon. Jan. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.56% (three month average) |
RSI | 31 |
Latest Price | $28.4800(4.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.1% a day on average for past five trading days. |
Weekly Trend | TZA declines -4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(52%) UUP(21%) VXX(17%) SHY(16%) TBT(10%) |
Factors Impacting TZA price | TZA will decline at least -2.28% in a week (0% probabilities). IWO(-98%) IWN(-98%) IWD(-89%) IWC(-89%) SDY(-87%) |
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 | -2.28% (StdDev 4.56%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.4% |
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