| TZA latest price $37.3000 (4.57%) ($36.8500 - $38.4690) on Fri. Sep. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.5% (three month average) |
RSI | 65 |
Latest Price | $37.3000(4.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2.6% a day on average for past five trading days. |
Weekly Trend | TZA advances 0.9% 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(56%) UUP(41%) TBT(18%) VXX(17%) TLT(-19%) |
Factors Impacting TZA price | TZA will decline at least -2.25% 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 | -2.25% (StdDev 4.5%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.4% |
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