| TZA latest price $40.4900 (0.65%) ($40.3600 - $41.1500) on Mon. Nov. 11, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.21% (three month average) |
| RSI | 28 |
| Latest Price | $40.4900(0.65%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | TZA advances 0.1% a day on average for past five trading days. |
| Weekly Trend | TZA declines -3.7% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability)
VIXM(6%) UNG(5%) IGOV(4%) TLT(4%) UUP(2%) |
| Factors Impacting TZA price | TZA will decline at least -1.605% in a week (0% probabilities).
XLB(-12%) LIT(-11%) ICLN(-11%) EWY(-11%) XLI(-10%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.605% (StdDev 3.21%) |
| Hourly BBV | 0 () |
| Intraday Trend | -1.3% |
| | |
| |
|