| TNA latest price $94.1700 (1.41%) ($93.3500 - $94.5700) on Fri. Aug. 24, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 65 |
Latest Price | $94.1700(1.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 2.7% 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(90%) IWO(88%) XLI(87%) IWN(86%) |
Factors Impacting TNA price | TNA will decline at least -1.045% in a week (0% probabilities). VXX(-26%) UUP(-19%) TLT(-18%) VIXM(-17%) IFRA(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.045% (StdDev 2.09%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|