| TZA latest price $45.8500 (1.89%) ($44.4000 - $45.9800) on Mon. Jul. 30, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 65 |
Latest Price | $45.8500(1.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.6% a day on average for past five trading days. |
Weekly Trend | TZA advances 1.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) TLT(5%) UNG(5%) VIXM(5%) GDXJ(4%) IGOV(4%) |
Factors Impacting TZA price | TZA will decline at least -1.025% in a week (0% probabilities). XLB(-13%) XLI(-12%) SDY(-12%) PAVE(-12%) LIT(-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 | -1.025% (StdDev 2.05%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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