| TZA latest price $34.3200 (0.67%) ($33.4700 - $34.9650) on Fri. May. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 61 |
Latest Price | $34.3200(0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.7% a day on average for past five trading days. |
Weekly Trend | TZA advances 0.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VXX(53%) VIXM(44%) UUP(30%) TBT(27%) SMH(-5%) |
Factors Impacting TZA price | TZA will decline at least -1.96% in a week (0% probabilities). IWO(-98%) IWN(-98%) IFRA(-88%) PAVE(-87%) IWD(-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 | -1.96% (StdDev 3.92%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.6% |
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