| TZA latest price $24.9400 (2.72%) ($24.4400 - $25.0600) on Fri. Nov. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.31% (three month average) |
RSI | 49 |
Latest Price | $24.9400(2.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.7% a day on average for past five trading days. |
Weekly Trend | TZA advances 0.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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 -1.655% in a week (0% probabilities). VT(-90%) XRT(-87%) XLI(-86%) XHB(-85%) XLY(-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 | -1.655% (StdDev 3.31%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.6% |
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