| TZA latest price $42.6900 (-12.82%) ($41.9000 - $45.1700) on Fri. Apr. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.16% (three month average) |
RSI | 40 |
Latest Price | $42.6900(-12.82%) |
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 -15.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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%) IPO(1%) |
Factors Impacting TZA price | TZA will decline at least -6.08% in a week (0% probabilities). GLD(-8%) LIT(-7%) XLB(-6%) REMX(-6%) ICLN(-6%) |
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 | -6.08% (StdDev 12.16%) |
Hourly BBV | -1.5 () |
Intraday Trend | -0.8% |
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