| TZA latest price $33.4700 (0.75%) ($32.6400 - $34.0100) on Mon. May. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 61 |
Latest Price | $33.4700(0.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.4% a day on average for past five trading days. |
Weekly Trend | TZA advances 4.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VXX(53%) VIXM(45%) UUP(29%) TBT(24%) BNDX(-3%) |
Factors Impacting TZA price | TZA will decline at least -2% in a week (0% probabilities). IWO(-98%) IWN(-98%) IWD(-88%) IFRA(-88%) XRT(-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% |
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