| TZA latest price $33.2200 (-7.08%) ($32.8500 - $34.0990) on Fri. May. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 62 |
Latest Price | $33.2200(-7.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TZA advances 4.2% 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(53%) VIXM(44%) UUP(28%) TBT(24%) EDOC(5%) |
Factors Impacting TZA price | TZA will decline at least -2.005% in a week (0% probabilities). IWO(-98%) IWN(-98%) IFRA(-88%) IWD(-87%) XRT(-86%) |
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 | -2.005% (StdDev 4.01%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2.1% |
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