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     Tue. May. 9, 2017



TNA: Technical Analysis: Trading Decision

TNA closed at $53.1343 (-0.07%) ($52.4739 - $53.6867) on Tue. May. 9, 2017.

Next Day Price Forecast: $52.98 ($51.14 - $54.81)

TNA shows signs of reversing to a down-trend.

Average daily price decay: -0.01%


$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. TNA shows signs of reversing to a downtrend. A trend reversal usually happens slowly over a course 5-10 days. Or it will never happen. Fundemental analysis and other information help confirm the reversal.
$. TNA is a 3x leveraged ETF. You'll lose 0.01% a day on average for holding it.

$. TNA price fluctuates within 2.88% daily (68% of days).
$. The trading volume is about 0% of the average.
$. TNA is 79% correlated to SPY, and 71% correlated to QQQ.

Analysis   News   Options   Weekly Chart   Daily Chart   2 Month Daily Chart   

  >  20170609

iDateCloseDaily
Return
Volume
millions
Weekly
Return
    SRITrendTrend
Change
BBV  Prediction    Position Size    Trading_Advice  
1May_9_201753.13-0.07%3.38-1.75%    47(0.9)57(1.3)  -0.70.1 Downtrend Reversal 11%|14%
2May_8_201753.17-1.29%3.19-3.17%    33(0.5)67(2)  -0.50.2 Uptrend 14%|11%
3May_5_201753.871.86%3.22-0.38%    71(2.4)71(2.5)  -0.30.5 Uptrend 14%|13%
4May_4_201752.89-0.6%3.66-6%    47(0.9)74(2.8)  -0.90.2 Uptrend 20%|6%
5May_3_201753.2-1.62%3.56-5.53%    -9(-0.1)79(3.7)  -0.60.4 Uptrend 21%|5%
 
6May_2_201754.08-1.52%3.64-2.47%    -9(-0.1)81(4.3)  -0.50.8 Uptrend 20%|11%
7May_1_201754.921.55%3.991.85%    70(2.3)83(4.8)  -0.11.2 Uptrend 19%|19%
8Apr_28_201754.07-3.89%5.554.11%    23(0.3)83(4.9)  0.31 Uptrend 19%|15%
9Apr_27_201756.26-0.1%4.717.43%    80(4.1)82(4.6)  0.52.1 Uptrend 14%|48%
10Apr_26_201756.321.57%7.0811.58%    86(6)80(4.1)  0.92.5 Uptrend 12%|66%Wait to buy the dip.
 
11Apr_25_201755.452.84%4.4611.08%    85(5.7)76(3.2)  1.42.6 New Uptrend 9%|62%Wait to buy the dip.
12Apr_24_201753.923.8%6.418.14%    84(5.3)64(1.8)  1.42.3 New Uptrend 5%|58%
13Apr_21_201751.94-0.83%5.427.81%    58(1.4)29(0.4)  1.21.1 New Uptrend 4%|30%
14Apr_20_201752.373.77%7.855.39%    79(3.8)-44(-0.8)  1.11.5 Downtrend -1%|43%
15Apr_19_201750.471.12%7.78-2.54%    41(0.7)-66(-1.9)  -0.10.2 Downtrend 5%|20%
 
16Apr_18_201749.920.12%7.34-1.2%    -9(-0.1)-64(-1.8)  -0.3-0.2 Downtrend 10%|15%
17Apr_17_201749.863.48%6.01-0.85%    58(1.4)-60(-1.5)  -0.6-0.3 Downtrend 13%|13%
18Apr_13_201748.18-3.05%9.03-4.29%    -76(-3.2)-47(-0.9)  -1-1.5 New Downtrend 40%|3%Short downtrend.
19Apr_12_201749.7-4.03%10.521.5%    -62(-1.6)9(0.1)  -0.2-0.7 Uptrend 24%|5%
20Apr_11_201751.792.5%7.122.12%    79(3.7)23(0.3)  0.10.7 New Uptrend 8%|21%
iDateCloseDaily
Return
Volume
millions
Weekly
Return
    SRITrendTrend
Change
BBV Prediction  L|S    Trading Advice  
 
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