| TZA latest price $45.3100 (7.34%) ($43.8800 - $46.9500) on Fri. Sep. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.66% (three month average) |
RSI | 64 |
Latest Price | $45.3100(7.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 4.1% a day on average for past five trading days. |
Weekly Trend | TZA advances 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(55%) UUP(39%) TBT(18%) VXX(17%) EDOC(-7%) |
Factors Impacting TZA price | TZA will decline at least -2.33% in a week (0% probabilities). VT(-88%) XRT(-87%) XLI(-87%) VYM(-87%) XHB(-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 | -2.33% (StdDev 4.66%) |
Hourly BBV | 1.1 () |
Intraday Trend | 2.9% |
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