| TZA latest price $39.3500 (-2.79%) ($38.7200 - $42.2600) on Mon. May. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.94% (three month average) |
RSI | 61 |
Latest Price | $39.3500(-2.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.9% a day on average for past five trading days. |
Weekly Trend | TZA advances 8.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(63%) UUP(40%) VXX(17%) TBT(13%) TLT(-14%) |
Factors Impacting TZA price | TZA will decline at least -2.47% in a week (0% probabilities). VT(-91%) XLI(-88%) XRT(-87%) VYM(-87%) XLF(-86%) |
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 | -2.47% (StdDev 4.94%) |
Hourly BBV | 0.6 () |
Intraday Trend | -3.1% |
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