| TZA latest price $34.5100 (3.82%) ($32.2200 - $34.7000) on Fri. Jul. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.69% (three month average) |
RSI | 77 |
Latest Price | $34.5100(3.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 3.1% a day on average for past five trading days. |
Weekly Trend | TZA advances 6.9% 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(67%) UUP(37%) VXX(22%) TBT(4%) TLT(-4%) |
Factors Impacting TZA price | TZA will decline at least -1.845% in a week (0% probabilities). VT(-89%) XRT(-86%) XLI(-85%) VFMO(-85%) XLY(-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 | -1.845% (StdDev 3.69%) |
Hourly BBV | 1.8 () |
Intraday Trend | 6.9% |
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