| TZA latest price $28.4500 (2.12%) ($27.5900 - $28.7170) on Wed. Sep. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 57 |
Latest Price | $28.4500(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1.1% a day on average for past five trading days. |
Weekly Trend | TZA advances 1.6% 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(47%) VIXM(37%) TBT(36%) UUP(33%) USO(-11%) |
Factors Impacting TZA price | TZA will decline at least -1.36% in a week (0% probabilities). IWO(-99%) IWN(-99%) IFRA(-91%) IWD(-90%) XRT(-89%) |
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 | -1.36% (StdDev 2.72%) |
Hourly BBV | 2.3 () |
Intraday Trend | 2.4% |
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