| TZA latest price $51.0400 (-2.71%) ($50.6800 - $53.1600) on Tue. Aug. 6, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.21% (three month average) |
| RSI | 59 |
| Latest Price | $51.0400(-2.71%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | TZA advances 3.2% a day on average for past five trading days. |
| Weekly Trend | TZA advances 2.4% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability)
VIXM(6%) UNG(5%) IFRA(4%) IGOV(4%) TLT(4%) |
| Factors Impacting TZA price | TZA will decline at least -1.605% in a week (0% probabilities).
XLB(-12%) LIT(-12%) EWY(-12%) SDY(-11%) ICLN(-11%) |
| 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 | -1.605% (StdDev 3.21%) |
| Hourly BBV | 0 () |
| Intraday Trend | -1% |
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