| TZA latest price $38.5300 (6.08%) ($36.6200 - $38.8900) on Fri. Jan. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 60 |
Latest Price | $38.5300(6.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.7% a day on average for past five trading days. |
Weekly Trend | TZA advances 3.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) UNG(5%) VIXM(5%) TLT(4%) UUP(2%) VXX(2%) |
Factors Impacting TZA price | TZA will decline at least -0.995% 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 | -0.995% (StdDev 1.99%) |
Hourly BBV | 1.6 () |
Intraday Trend | 4.8% |
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