| TZA latest price $29.8400 (-1.71%) ($29.6500 - $30.9400) on Mon. Sep. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 41 |
Latest Price | $29.8400(-1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.3% a day on average for past five trading days. |
Weekly Trend | TZA declines -1.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(67%) UUP(37%) VXX(22%) TBT(6%) IGOV(5%) |
Factors Impacting TZA price | TZA will decline at least -1.75% in a week (0% probabilities). VT(-90%) XRT(-86%) XLI(-85%) XHB(-84%) VFMO(-84%) |
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 | -1.75% (StdDev 3.5%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.5% |
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