| TZA latest price $19.4400 (3.13%) ($18.7100 - $19.4600) on Tue. Jul. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.1% (three month average) |
RSI | 41 |
Latest Price | $19.4400(3.13%) |
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 -7.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) UNG(7%) UUP(4%) XLF(3%) XLK(3%) EWI(2%) |
Factors Impacting TZA price | TZA will decline at least -3.55% in a week (0% probabilities). GLD(-9%) REMX(-5%) LIT(-5%) GDX(-5%) EWY(-5%) |
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 | -3.55% (StdDev 7.1%) |
Hourly BBV | -0.4 () |
Intraday Trend | 1.9% |
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