| TZA latest price $31.3400 (0.87%) ($30.4600 - $31.4000) on Fri. Sep. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 85 |
Latest Price | $31.3400(0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 2.2% a day on average for past five trading days. |
Weekly Trend | TZA advances 5.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock 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(32%) GLD(-11%) |
Factors Impacting TZA price | TZA will decline at least -1.405% 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 | -1.405% (StdDev 2.81%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.6% |
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