| TZA latest price $84.6500 (0.77%) ($82.2000 - $85.0000) on Wed. Jun. 21, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 46 |
Latest Price | $84.6500(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TZA declines -1.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(6%) TLT(5%) GDXJ(4%) IGOV(4%) UNG(4%) |
Factors Impacting TZA price | TZA will decline at least -1.13% in a week (0% probabilities). XLB(-14%) SDY(-13%) LIT(-13%) EWY(-13%) XLI(-12%) |
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 | -1.13% (StdDev 2.26%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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