| TZA latest price $48.2900 (-3.73%) ($46.9200 - $51.6700) on Thu. May. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.41% (three month average) |
RSI | 69 |
Latest Price | $48.2900(-3.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 3.9% a day on average for past five trading days. |
Weekly Trend | TZA advances 12.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(62%) UUP(40%) VXX(17%) TBT(14%) TLT(-14%) |
Factors Impacting TZA price | TZA will decline at least -2.705% in a week (0% probabilities). VT(-90%) XLI(-88%) VYM(-87%) XRT(-86%) XHB(-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 | -2.705% (StdDev 5.41%) |
Hourly BBV | 0.9 () |
Intraday Trend | -5.1% |
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