| TZA latest price $17.8300 (2.24%) ($17.1400 - $18.3200) on Fri. Sep. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.29% (three month average) |
RSI | 60 |
Latest Price | $17.8300(2.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.8% a day on average for past five trading days. |
Weekly Trend | TZA advances 4.8% a week on average for past two weeks. |
Market Behavior | Value stock rally 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%) JETS(3%) XLF(3%) XLK(3%) |
Factors Impacting TZA price | TZA will decline at least -2.145% 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 | -2.145% (StdDev 4.29%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.7% |
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