| TNA latest price $52.7900 (1.91%) ($51.5500 - $52.9400) on Wed. Aug. 30, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 59 |
Latest Price | $52.7900(1.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1% a day on average for past five trading days. |
Weekly Trend | TNA advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -1.085% in a week (0% probabilities). VIXM(-21%) TLT(-19%) UUP(-17%) SHY(-4%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.085% (StdDev 2.17%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
| |
|
|