| TZA latest price $32.8300 (-7.39%) ($32.6550 - $34.8800) on Fri. May. 14, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 93.46% (three month average) |
RSI | 61 |
Latest Price | $32.8300(-7.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TZA advances 6.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(67%) UUP(37%) VXX(23%) TBT(3%) IGOV(-0%) |
Factors Impacting TZA price | TZA will decline at least -46.73% in a week (0% probabilities). VT(-89%) XRT(-86%) VFMO(-85%) XLI(-84%) XAR(-83%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -46.73% (StdDev 93.46%) |
Hourly BBV | -1.7 () |
Intraday Trend | -4.6% |
| |
|
|