| TZA latest price $33.9000 (-0.29%) ($33.6000 - $34.7500) on Thu. Oct. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 79 |
Latest Price | $33.9000(-0.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2.2% a day on average for past five trading days. |
Weekly Trend | TZA advances 6.2% 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) VXX(44%) TBT(37%) UUP(34%) VIXM(34%) GLD(-10%) |
Factors Impacting TZA price | TZA will decline at least -1.395% 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 | -1.395% (StdDev 2.79%) |
Hourly BBV | -1.2 () |
Intraday Trend | -1.1% |
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