| TZA latest price $24.8700 (-0.32%) ($24.6100 - $25.3700) on Sun. Aug. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 61 |
Latest Price | $24.8700(-0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1% a day on average for past five trading days. |
Weekly Trend | TZA advances 2.9% 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) (0%) (0%) (0%) (0%) (0%) |
Factors Impacting TZA price | TZA will decline at least -1.65% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) |
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 | -1.65% (StdDev 3.3%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
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