| TZA latest price $33.4200 (2.52%) ($32.6600 - $34.2450) on Thu. May. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 51 |
Latest Price | $33.4200(2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.1% a day on average for past five trading days. |
Weekly Trend | TZA declines -2.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VXX(51%) VIXM(43%) UUP(29%) TBT(28%) IGOV(-7%) |
Factors Impacting TZA price | TZA will decline at least -1.96% in a week (0% probabilities). IWO(-98%) IWN(-98%) IFRA(-89%) IWD(-88%) PAVE(-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 | 0.9 () |
Intraday Trend | 1.9% |
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