| TZA latest price $31.4900 (2.64%) ($31.3380 - $32.5500) on Thu. Nov. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.72% (three month average) |
RSI | 51 |
Latest Price | $31.4900(2.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.9% a day on average for past five trading days. |
Weekly Trend | TZA declines -5.3% a week on average for past two weeks. |
Market Behavior | Normal 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(54%) UUP(32%) VXX(16%) TBT(15%) EDOC(-7%) |
Factors Impacting TZA price | TZA will decline at least -2.86% 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 | -2.86% (StdDev 5.72%) |
Hourly BBV | 1.1 () |
Intraday Trend | -1.7% |
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