| TZA latest price $27.9800 (2.38%) ($27.5900 - $28.3770) on Thu. Jun. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.51% (three month average) |
RSI | 30 |
Latest Price | $27.9800(2.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.3% a day on average for past five trading days. |
Weekly Trend | TZA declines -5.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(50%) VIXM(41%) UUP(36%) TBT(34%) EDOC(9%) |
Factors Impacting TZA price | TZA will decline at least -1.755% in a week (0% probabilities). IWO(-98%) IWN(-98%) IWD(-88%) IFRA(-88%) XRT(-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 | -1.755% (StdDev 3.51%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.3% |
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