| TZA latest price $34.1400 (0.03%) ($32.7800 - $35.3800) on Tue. Nov. 8, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.28% (three month average) |
RSI | 33 |
Latest Price | $34.1400(0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.2% a day on average for past five trading days. |
Weekly Trend | TZA declines -4.9% a week on average for past two weeks. |
Market Behavior | Value stock 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%) EDOC(4%) |
Factors Impacting TZA price | TZA will decline at least -2.64% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.64% (StdDev 5.28%) |
Hourly BBV | -0.5 () |
Intraday Trend | 1.1% |
| |
|
|