| TZA latest price $34.8700 (4.78%) ($34.7700 - $36.7380) on Wed. Mar. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 76 |
Latest Price | $34.8700(4.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 4% a day on average for past five trading days. |
Weekly Trend | TZA advances 11.3% 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(51%) SHY(21%) UUP(20%) VXX(16%) BNDX(14%) |
Factors Impacting TZA price | TZA will decline at least -2% in a week (0% probabilities). IWO(-98%) IWN(-98%) IWC(-89%) IWD(-88%) SDY(-86%) |
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% (StdDev 4%) |
Hourly BBV | 0.7 () |
Intraday Trend | -2.8% |
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