| TZA latest price $33.0700 (2.64%) ($32.1600 - $33.4200) on Mon. Aug. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.07% (three month average) |
RSI | 51 |
Latest Price | $33.0700(2.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1% a day on average for past five trading days. |
Weekly Trend | TZA advances 4.3% 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(57%) UUP(41%) TBT(18%) VXX(16%) EDOC(5%) |
Factors Impacting TZA price | TZA will decline at least -2.535% in a week (0% probabilities). VT(-89%) XRT(-88%) XLI(-88%) VYM(-87%) 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 | -2.535% (StdDev 5.07%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.4% |
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