| TZA latest price $7.0800 (5.83%) ($6.6100 - $7.1700) on Tue. Dec. 29, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.13% (three month average) |
RSI | 38 |
Latest Price | $7.0800(5.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.3% a day on average for past five trading days. |
Weekly Trend | TZA declines -6.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) UNG(7%) XLF(6%) JETS(5%) IFRA(4%) IVE(4%) |
Factors Impacting TZA price | TZA will decline at least -2.065% in a week (0% probabilities). GLD(-10%) GDX(-5%) VIXM(-4%) SLV(-4%) SIL(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.065% (StdDev 4.13%) |
Hourly BBV | 0.5 () |
Intraday Trend | 6.6% |
| |
|
|