| TZA latest price $47.2600 (14.07%) ($44.0000 - $47.9100) on Mon. Jun. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.8% (three month average) |
RSI | 54 |
Latest Price | $47.2600(14.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 5.9% a day on average for past five trading days. |
Weekly Trend | TZA declines -1.7% a week on average for past two weeks. |
Market Behavior | Broad based 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(60%) UUP(40%) TBT(17%) VXX(16%) EDOC(-11%) |
Factors Impacting TZA price | TZA will decline at least -2.9% in a week (0% probabilities). VT(-90%) XLI(-88%) XRT(-87%) VYM(-87%) XLF(-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 | -2.9% (StdDev 5.8%) |
Hourly BBV | 1.4 () |
Intraday Trend | 5.3% |
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