| TNA latest price $54.3500 (-3.89%) ($54.2900 - $56.8000) on Fri. Apr. 28, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.54% (three month average) |
RSI | 62 |
Latest Price | $54.3500(-3.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TNA advances 5.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWM(90%) VT(89%) IWO(88%) IWN(87%) IWC(86%) |
Factors Impacting TNA price | TNA will decline at least -1.27% in a week (0% probabilities). VIXM(-22%) TLT(-19%) UUP(-16%) SHY(-5%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.27% (StdDev 2.54%) |
Hourly BBV | 0 () |
Intraday Trend | -4% |
| |
|
|