| TZA latest price $35.1300 (-0.45%) ($34.7500 - $35.7950) on Tue. Dec. 31, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 25 |
Latest Price | $35.1300(-0.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TZA declines -2.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) UNG(5%) VIXM(5%) IGOV(4%) TLT(4%) UUP(2%) |
Factors Impacting TZA price | TZA will decline at least -0.975% in a week (0% probabilities). XLB(-12%) LIT(-11%) EWY(-11%) XLI(-10%) VWO(-10%) |
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 | -0.975% (StdDev 1.95%) |
Hourly BBV | -0.5 () |
Intraday Trend | -1.2% |
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