| TZA latest price $34.5900 (2.79%) ($33.1500 - $34.9000) on Fri. Oct. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 65 |
Latest Price | $34.5900(2.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 1% a day on average for past five trading days. |
Weekly Trend | TZA advances 2.2% 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(38%) TBT(33%) UUP(33%) VIXM(28%) EDOC(-0%) |
Factors Impacting TZA price | TZA will decline at least -1.36% in a week (0% probabilities). IWO(-99%) IWN(-99%) IFRA(-93%) IWD(-91%) 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 | 1.3 () |
Intraday Trend | 3.7% |
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