| TZA latest price $214.6000 (9.8%) ($202.0500 - $217.2500) on Mon. Jun. 27, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 74 |
Latest Price | $214.6000(9.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 3.4% a day on average for past five trading days. |
Weekly Trend | TZA advances 4% 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) VIXM(7%) TLT(5%) IGOV(4%) UNG(4%) GDXJ(3%) |
Factors Impacting TZA price | TZA will decline at least -1.7% in a week (0% probabilities). XLB(-14%) XLI(-13%) VYM(-13%) VT(-13%) SDY(-13%) |
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 | -1.7% (StdDev 3.4%) |
Hourly BBV | 0 () |
Intraday Trend | 6% |
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