| TZA latest price $26.0100 (3.92%) ($25.4500 - $26.0700) on Tue. Aug. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.32% (three month average) |
RSI | 72 |
Latest Price | $26.0100(3.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.6% a day on average for past five trading days. |
Weekly Trend | TZA advances 5.3% 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(50%) VIXM(40%) TBT(36%) UUP(34%) IGOV(-7%) |
Factors Impacting TZA price | TZA will decline at least -1.66% in a week (0% probabilities). IWO(-98%) IWN(-98%) IWD(-90%) IFRA(-90%) XRT(-88%) |
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 | -1.66% (StdDev 3.32%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2% |
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