| TZA latest price $34.9200 (0.03%) ($34.5600 - $35.9500) on Mon. Nov. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 46 |
Latest Price | $34.9200(0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.1% a day on average for past five trading days. |
Weekly Trend | TZA declines -5.1% 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) EDOC(35%) UUP(32%) TBT(30%) VXX(13%) BNDX(-12%) |
Factors Impacting TZA price | TZA will decline at least -1.67% in a week (0% probabilities). IWN(-99%) SPY(-95%) IFRA(-94%) IWD(-90%) IVE(-90%) |
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 | -1.67% (StdDev 3.34%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.7% |
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