| TZA latest price $34.1300 (-1.33%) ($33.5100 - $35.2000) on Mon. Nov. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.3% (three month average) |
RSI | 41 |
Latest Price | $34.1300(-1.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.1% a day on average for past five trading days. |
Weekly Trend | TZA declines -6.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(53%) UUP(32%) VXX(16%) TBT(14%) BNDX(-12%) |
Factors Impacting TZA price | TZA will decline at least -2.65% in a week (0% probabilities). XRT(-86%) XLI(-86%) VYM(-86%) VT(-86%) XHB(-84%) |
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 | -2.65% (StdDev 5.3%) |
Hourly BBV | -1.7 () |
Intraday Trend | 0.3% |
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