| TZA latest price $44.6900 (0.77%) ($43.3000 - $45.4700) on Tue. Jul. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.05% (three month average) |
RSI | 42 |
Latest Price | $44.6900(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.3% a day on average for past five trading days. |
Weekly Trend | TZA declines -2.3% 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(58%) UUP(41%) TBT(17%) VXX(16%) EDOC(-10%) |
Factors Impacting TZA price | TZA will decline at least -3.025% in a week (0% probabilities). VT(-89%) XLI(-87%) XRT(-86%) VYM(-86%) 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 | -3.025% (StdDev 6.05%) |
Hourly BBV | 1.4 () |
Intraday Trend | -0% |
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