| TZA latest price $69.5600 (-2.63%) ($64.0800 - $75.6500) on Thu. Apr. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.06% (three month average) |
RSI | 54 |
Latest Price | $69.5600(-2.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 4.1% a day on average for past five trading days. |
Weekly Trend | TZA declines -16.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally 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(2%) |
Factors Impacting TZA price | TZA will decline at least -5.53% 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 | -5.53% (StdDev 11.06%) |
Hourly BBV | 0.8 () |
Intraday Trend | -5.3% |
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