| TNA latest price $67.3200 (1.52%) ($65.8200 - $67.8700) on Tue. Nov. 6, 2018. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.14% (three month average) |
| RSI | 41 |
| Latest Price | $67.3200(1.52%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | TNA advances 1.9% a day on average for past five trading days. |
| Weekly Trend | TNA declines -0.9% 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)
VT(90%) IWM(89%) IWO(87%) XAR(87%) XLI(87%) |
| Factors Impacting TNA price | TNA will decline at least -1.57% in a week (0% probabilities).
VXX(-26%) UUP(-19%) TLT(-18%) VIXM(-16%) SHY(-3%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.57% (StdDev 3.14%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2% |
| | |
| |
|