| TZA latest price $30.9300 (-1.31%) ($30.7470 - $31.9700) on Mon. Sep. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.76% (three month average) |
RSI | 78 |
Latest Price | $30.9300(-1.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.5% a day on average for past five trading days. |
Weekly Trend | TZA advances 5.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VXX(47%) VIXM(37%) TBT(36%) UUP(34%) GLD(-12%) |
Factors Impacting TZA price | TZA will decline at least -1.38% 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 | -1.38% (StdDev 2.76%) |
Hourly BBV | 0.5 () |
Intraday Trend | -3% |
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