| TZA latest price $27.8600 (0.22%) ($27.3790 - $28.1000) on Tue. Sep. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 49 |
Latest Price | $27.8600(0.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.9% a day on average for past five trading days. |
Weekly Trend | TZA advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VXX(47%) VIXM(37%) TBT(36%) UUP(33%) USO(-11%) |
Factors Impacting TZA price | TZA will decline at least -1.37% in a week (0% probabilities). IWO(-99%) IWN(-99%) IFRA(-91%) IWD(-90%) XRT(-89%) |
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 | -1.37% (StdDev 2.74%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.4% |
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