| TZA latest price $39.1600 (6.88%) ($34.5100 - $39.1800) on Wed. Mar. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 95.78% (three month average) |
RSI | 46 |
Latest Price | $39.1600(6.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 5.4% a day on average for past five trading days. |
Weekly Trend | TZA declines -0.9% a week on average for past two weeks. |
Market Behavior | Growth stock 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(37%) VXX(24%) IGOV(5%) TBT(3%) |
Factors Impacting TZA price | TZA will decline at least -47.89% 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 | -47.89% (StdDev 95.78%) |
Hourly BBV | 2.2 () |
Intraday Trend | 11.1% |
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