| TZA latest price $38.2100 (2.91%) ($36.5240 - $38.7300) on Tue. Sep. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.02% (three month average) |
RSI | 82 |
Latest Price | $38.2100(2.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2.9% a day on average for past five trading days. |
Weekly Trend | TZA advances 12.3% a week on average for past two weeks. |
Market Behavior | Normal 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(56%) UUP(41%) TBT(19%) VXX(16%) EDOC(5%) |
Factors Impacting TZA price | TZA will decline at least -2.51% in a week (0% probabilities). XRT(-88%) VT(-88%) XLI(-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 | -2.51% (StdDev 5.02%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.9% |
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