| TZA latest price $29.3800 (5%) ($28.4500 - $29.5300) on Fri. Jun. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 38 |
Latest Price | $29.3800(5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2.2% 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 | Broad based sell-off 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(50%) VIXM(41%) UUP(36%) TBT(35%) BLOK(-4%) |
Factors Impacting TZA price | TZA will decline at least -1.78% in a week (0% probabilities). IWO(-98%) IWN(-98%) IWD(-88%) IFRA(-88%) XRT(-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 | -1.78% (StdDev 3.56%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0.7% |
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