| TZA latest price $29.4000 (-1.57%) ($28.7300 - $29.7300) on Wed. Nov. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.98% (three month average) |
RSI | 38 |
Latest Price | $29.4000(-1.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TZA advances 0.3% a day on average for past five trading days. |
Weekly Trend | TZA declines -6.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TZA advance at 0% a week (0% probability) UUP(32%) TBT(27%) VXX(10%) VIXM(-1%) BNDX(-10%) |
Factors Impacting TZA price | TZA will decline at least -1.99% in a week (0% probabilities). IWO(-99%) IFRA(-94%) TAN(-91%) VFMO(-90%) PAVE(-90%) |
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 | -1.99% (StdDev 3.98%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.3% |
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