| TNA latest price $37.5900 (2.4%) ($36.6000 - $37.7300) on Wed. Nov. 25, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.66% (three month average) |
RSI | 50 |
Latest Price | $37.5900(2.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.3% a day on average for past five trading days. |
Weekly Trend | TNA declines -0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWM(91%) IWO(89%) VT(89%) IWN(88%) VYM(85%) |
Factors Impacting TNA price | TNA will decline at least -1.83% in a week (0% probabilities). VIXM(-27%) TLT(-21%) UUP(-13%) SHY(-7%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.83% (StdDev 3.66%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
| |
|
|