| TZA latest price $33.7700 (2.96%) ($33.0700 - $34.3500) on Wed. Apr. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.2% (three month average) |
RSI | 52 |
Latest Price | $33.7700(2.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.7% a day on average for past five trading days. |
Weekly Trend | TZA declines -3.2% a week on average for past two weeks. |
Market Behavior | Normal 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(55%) VIXM(47%) UUP(26%) TBT(18%) EDOC(7%) |
Factors Impacting TZA price | TZA will decline at least -2.1% in a week (0% probabilities). IWO(-98%) IWN(-98%) IWD(-87%) IWC(-87%) 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 | -2.1% (StdDev 4.2%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.2% |
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