| TZA latest price $16.6300 (1.9%) ($15.6750 - $17.7650) on Fri. Sep. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.38% (three month average) |
RSI | 64 |
Latest Price | $16.6300(1.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.5% a day on average for past five trading days. |
Weekly Trend | TZA advances 0.4% 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%) IGOV(3%) JETS(3%) XLF(3%) |
Factors Impacting TZA price | TZA will decline at least -2.69% in a week (0% probabilities). GLD(-9%) SLV(-5%) REMX(-5%) LIT(-5%) GDX(-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 | -2.69% (StdDev 5.38%) |
Hourly BBV | 0.6 () |
Intraday Trend | 5.8% |
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