| TZA latest price $28.1800 (3.34%) ($27.5300 - $28.5400) on Fri. Sep. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 50 |
Latest Price | $28.1800(3.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.1% a day on average for past five trading days. |
Weekly Trend | TZA advances 2.6% 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(47%) VIXM(38%) TBT(35%) UUP(33%) EDOC(8%) |
Factors Impacting TZA price | TZA will decline at least -1.39% in a week (0% probabilities). IWO(-99%) IWN(-99%) IWD(-90%) IFRA(-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 | -1.39% (StdDev 2.78%) |
Hourly BBV | 0.7 () |
Intraday Trend | 1.8% |
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