| TZA latest price $41.4500 (4.94%) ($39.6740 - $42.7600) on Fri. May. 6, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.19% (three month average) |
RSI | 64 |
Latest Price | $41.4500(4.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.5% a day on average for past five trading days. |
Weekly Trend | TZA advances 6.9% 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(63%) UUP(39%) VXX(17%) TBT(14%) TLT(-14%) |
Factors Impacting TZA price | TZA will decline at least -2.595% in a week (0% probabilities). VT(-91%) XLI(-88%) XRT(-87%) VYM(-87%) XHB(-86%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.595% (StdDev 5.19%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.6% |
| |
|
|