| TZA latest price $30.4200 (-3.31%) ($30.3300 - $31.6750) on Tue. Nov. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.63% (three month average) |
RSI | 39 |
Latest Price | $30.4200(-3.31%) |
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 -5.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VIXM(54%) UUP(27%) VXX(17%) TBT(11%) CEMB(-1%) |
Factors Impacting TZA price | TZA will decline at least -2.815% in a week (0% probabilities). XRT(-85%) XLI(-85%) VT(-85%) VYM(-84%) XHB(-83%) |
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 | -2.815% (StdDev 5.63%) |
Hourly BBV | -1.9 () |
Intraday Trend | -1.8% |
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