| TZA latest price $32.9300 (-2.6%) ($32.5800 - $34.0900) on Fri. Apr. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.09% (three month average) |
RSI | 52 |
Latest Price | $32.9300(-2.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TZA advances 2.6% 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) VXX(55%) VIXM(46%) UUP(29%) TBT(21%) EDOC(9%) |
Factors Impacting TZA price | TZA will decline at least -2.045% in a week (0% probabilities). IWO(-98%) IWN(-98%) IWD(-88%) IFRA(-88%) IWC(-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 | -2.045% (StdDev 4.09%) |
Hourly BBV | -1.3 () |
Intraday Trend | -3.3% |
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