| TZA latest price $33.6700 (-0.3%) ($33.3500 - $34.3700) on Thu. Apr. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.12% (three month average) |
RSI | 42 |
Latest Price | $33.6700(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.5% a day on average for past five trading days. |
Weekly Trend | TZA declines -3.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VXX(54%) VIXM(47%) UUP(26%) TBT(19%) SHY(-0%) |
Factors Impacting TZA price | TZA will decline at least -2.06% in a week (0% probabilities). IWO(-98%) IWN(-98%) IWD(-87%) IWC(-87%) IFRA(-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 | -2.06% (StdDev 4.12%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.1% |
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