| TZA latest price $103.7000 (18.07%) ($90.5000 - $114.0000) on Wed. Mar. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.75% (three month average) |
RSI | 72 |
Latest Price | $103.7000(18.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 7.6% a day on average for past five trading days. |
Weekly Trend | TZA advances 45.4% 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(3%) UUP(3%) IGOV(2%) |
Factors Impacting TZA price | TZA will decline at least -4.875% in a week (0% probabilities). XLB(-11%) LIT(-11%) EWY(-11%) SPLV(-10%) SDY(-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 | -4.875% (StdDev 9.75%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.5% |
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