| TZA latest price $30.0700 (2.63%) ($28.3700 - $30.3100) on Thu. Jan. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.08% (three month average) |
RSI | 65 |
Latest Price | $30.0700(2.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.2% a day on average for past five trading days. |
Weekly Trend | TZA advances 4.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock 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(11%) EDOC(-9%) |
Factors Impacting TZA price | TZA will decline at least -2.04% in a week (0% probabilities). VT(-90%) XRT(-87%) XLI(-87%) XHB(-86%) 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 | -2.04% (StdDev 4.08%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.9% |
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