| TZA latest price $31.9000 (6.19%) ($30.4100 - $32.1650) on Mon. Nov. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.55% (three month average) |
RSI | 45 |
Latest Price | $31.9000(6.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.6% a day on average for past five trading days. |
Weekly Trend | TZA declines -3.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(55%) UUP(27%) VXX(17%) TBT(11%) CEMB(-0%) |
Factors Impacting TZA price | TZA will decline at least -2.775% 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 | -2.775% (StdDev 5.55%) |
Hourly BBV | 2.4 () |
Intraday Trend | 3.5% |
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