| TZA latest price $71.4400 (20.27%) ($65.8000 - $73.3280) on Wed. Apr. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.04% (three month average) |
RSI | 48 |
Latest Price | $71.4400(20.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.5% a day on average for past five trading days. |
Weekly Trend | TZA declines -18.2% 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(6%) UUP(5%) IGOV(2%) TLT(2%) VIXM(1%) |
Factors Impacting TZA price | TZA will decline at least -5.52% in a week (0% probabilities). GLD(-9%) XLB(-8%) LIT(-8%) EWY(-8%) REMX(-7%) |
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 | -5.52% (StdDev 11.04%) |
Hourly BBV | 1.9 () |
Intraday Trend | 4.4% |
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