| TZA latest price $23.5900 (4.8%) ($22.4000 - $23.8780) on Wed. Nov. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.38% (three month average) |
RSI | 35 |
Latest Price | $23.5900(4.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.3% a day on average for past five trading days. |
Weekly Trend | TZA declines -8.7% 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(21%) TBT(7%) IGOV(3%) |
Factors Impacting TZA price | TZA will decline at least -1.69% in a week (0% probabilities). VT(-90%) XRT(-87%) XLI(-86%) 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 | -1.69% (StdDev 3.38%) |
Hourly BBV | 2.2 () |
Intraday Trend | 3.3% |
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