| TZA latest price $43.4300 (0.86%) ($42.5400 - $44.8100) on Wed. Oct. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.96% (three month average) |
RSI | 54 |
Latest Price | $43.4300(0.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2.6% a day on average for past five trading days. |
Weekly Trend | TZA declines -2.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(54%) UUP(37%) TBT(16%) VXX(16%) EDOC(-15%) |
Factors Impacting TZA price | TZA will decline at least -2.48% in a week (0% probabilities). VT(-88%) XRT(-87%) XLI(-86%) VYM(-86%) 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 | -2.48% (StdDev 4.96%) |
Hourly BBV | -0.3 () |
Intraday Trend | 1% |
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