| TZA latest price $28.0300 (3.05%) ($27.8950 - $28.7400) on Fri. Feb. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.96% (three month average) |
RSI | 69 |
Latest Price | $28.0300(3.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.6% a day on average for past five trading days. |
Weekly Trend | TZA advances 3.8% 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(53%) UUP(20%) SHY(19%) VXX(17%) BNDX(10%) |
Factors Impacting TZA price | TZA will decline at least -1.98% in a week (0% probabilities). IWO(-98%) IWN(-98%) IWD(-89%) IWC(-89%) SDY(-87%) |
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 | -1.98% (StdDev 3.96%) |
Hourly BBV | 0.4 () |
Intraday Trend | -1.3% |
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