| TZA latest price $40.7000 (-0.37%) ($40.2800 - $41.4300) on Tue. Sep. 11, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 48 |
Latest Price | $40.7000(-0.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.5% a day on average for past five trading days. |
Weekly Trend | TZA advances 0.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -0.99% in a week (0% probabilities). XLB(-13%) SDY(-12%) PAVE(-12%) LIT(-12%) IYT(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
| |
|
|