| TZA latest price $35.9600 (-1.34%) ($35.0520 - $36.7700) on Mon. Feb. 7, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.51% (three month average) |
RSI | 60 |
Latest Price | $35.9600(-1.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.4% a day on average for past five trading days. |
Weekly Trend | TZA advances 0.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(66%) UUP(40%) VXX(19%) TBT(11%) EDOC(-6%) |
Factors Impacting TZA price | TZA will decline at least -2.255% in a week (0% probabilities). VT(-91%) XLI(-88%) XRT(-87%) XHB(-85%) VYM(-85%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.255% (StdDev 4.51%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.7% |
| |
|
|