| TZA latest price $33.0600 (9.14%) ($30.0850 - $33.3090) on Thu. Mar. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 95.82% (three month average) |
RSI | 95 |
Latest Price | $33.0600(9.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.7% a day on average for past five trading days. |
Weekly Trend | TZA advances 9.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(66%) UUP(38%) VXX(24%) IGOV(5%) TBT(3%) |
Factors Impacting TZA price | TZA will decline at least -47.91% in a week (0% probabilities). VT(-88%) XRT(-86%) VFMO(-85%) XLI(-83%) XAR(-83%) |
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 | -47.91% (StdDev 95.82%) |
Hourly BBV | 2.1 () |
Intraday Trend | 6.9% |
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