| TZA latest price $27.2500 (-3.61%) ($26.5600 - $28.1800) on Fri. Jul. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 57 |
Latest Price | $27.2500(-3.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.5% a day on average for past five trading days. |
Weekly Trend | TZA declines -0.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) VXX(51%) VIXM(41%) TBT(37%) UUP(35%) EDOC(6%) |
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 | -0.6 () |
Intraday Trend | -3.3% |
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