| TZA latest price $40.9500 (0.61%) ($40.6500 - $41.9000) on Wed. Sep. 12, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 54 |
Latest Price | $40.9500(0.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.4% a day on average for past five trading days. |
Weekly Trend | TZA advances 0.9% a week on average for past two weeks. |
Market Behavior | Normal 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 -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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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