TZA Forecast + Trading Strategies


Bullish Case: Despite historical underperformance, the TZA AI price forecast is +0.82% with implied volatility higher than market volatility short-term, suggesting potential for minor gains.


Bearish Case: TZA's long-term historical decline, coupled with current implied volatilities implying ongoing market uncertainty, suggests continued downward pressure.


Potential Outcomes:

1. Minor price increase (TZA prediction) - 40% likelihood.

2. Continued decline due to historical and current trends - 60%.


Trading Oracle: Sign Up to access trading oracle trade ideas.


June 07, 2024


Direxion Daily Small Cap Bear 3X Shares Forecast

TZA      Direxion Daily Small Cap Bear 3X Shares











Correlated Assets

Assets that tend to move strongly with TZA



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (0.95)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (0.94)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (0.87)


SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (0.85)


HUM Forecast + Options Trading Strategies   HUM  Humana (0.85)



Uncorrelated Assets

Assets with little price relationship to TZA



BERY Forecast + Options Trading Strategies   BERY  Berry (-0.0)


CF Forecast + Options Trading Strategies   CF  CF Industries (0.0)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (-0.0)


EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (0.01)


BYD Forecast + Options Trading Strategies   BYD  Boyd Gaming (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against TZA



EWC Forecast + Options Trading Strategies   EWC  BlackRock Institutional Trust Company N.A. - iShares MSCI Canada (-0.97)


SCHD Forecast + Options Trading Strategies   SCHD  Schwab US Dividend Equity (-0.97)


IEFA Forecast + Options Trading Strategies   IEFA  BTC iShares Core MSCI EAF (-0.97)


IWR Forecast + Options Trading Strategies   IWR  BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap (-0.99)


RSP Forecast + Options Trading Strategies   RSP  Invesco S&P 500 Equal Weight (-0.99)





Become a more profitable investor with AI optimized trading strategies






×

Chat with TZA


 Ask any question about TZA!