| TZA latest price $36.4100 (-2.07%) ($33.4250 - $36.8190) on Tue. May. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.59% (three month average) |
RSI | 37 |
Latest Price | $36.4100(-2.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.7% a day on average for past five trading days. |
Weekly Trend | TZA declines -12.9% a week on average for past two weeks. |
Market Behavior | Normal 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%) IPO(1%) ONLN(1%) |
Factors Impacting TZA price | TZA will decline at least -6.295% in a week (0% probabilities). GLD(-8%) LIT(-7%) REMX(-6%) ICLN(-6%) EWY(-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 | -6.295% (StdDev 12.59%) |
Hourly BBV | -0.6 () |
Intraday Trend | 3.9% |
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