| TZA latest price $35.3400 (8.77%) ($32.1800 - $35.3500) on Wed. Mar. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.31% (three month average) |
RSI | 69 |
Latest Price | $35.3400(8.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.3% a day on average for past five trading days. |
Weekly Trend | TZA advances 10.6% 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) VXX(60%) VIXM(51%) UUP(22%) SHY(18%) BNDX(11%) |
Factors Impacting TZA price | TZA will decline at least -2.155% in a week (0% probabilities). IWO(-98%) IWN(-98%) IWD(-88%) IWC(-88%) IFRA(-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 | -2.155% (StdDev 4.31%) |
Hourly BBV | 0.7 () |
Intraday Trend | 8.4% |
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