| TZA latest price $29.2500 (3.47%) ($27.6000 - $29.3180) on Fri. Jan. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 45 |
Latest Price | $29.2500(3.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.6% a day on average for past five trading days. |
Weekly Trend | TZA declines -2.1% a week on average for past two weeks. |
Market Behavior | Growth stock 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(39%) VXX(19%) TBT(10%) IGOV(3%) |
Factors Impacting TZA price | TZA will decline at least -2.03% in a week (0% probabilities). VT(-90%) XRT(-87%) XLI(-87%) XHB(-85%) VYM(-85%) |
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 | -2.03% (StdDev 4.06%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.3% |
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