| TZA latest price $32.1000 (6.89%) ($31.3570 - $33.2700) on Mon. Sep. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 66 |
Latest Price | $32.1000(6.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.5% a day on average for past five trading days. |
Weekly Trend | TZA advances 4.1% 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(67%) UUP(37%) VXX(22%) TBT(6%) IGOV(5%) |
Factors Impacting TZA price | TZA will decline at least -1.765% 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 | -1.765% (StdDev 3.53%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.5% |
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