| TNA latest price $52.3500 (-0.65%) ($51.1000 - $54.0500) on Wed. Jan. 23, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.94% (three month average) |
RSI | 72 |
Latest Price | $52.3500(-0.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.4% a day on average for past five trading days. |
Weekly Trend | TNA advances 8.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWM(89%) VT(89%) IWO(87%) XAR(87%) XLI(87%) |
Factors Impacting TNA price | TNA will decline at least -2.47% in a week (0% probabilities). VXX(-25%) UUP(-20%) TLT(-17%) VIXM(-14%) XHB(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.47% (StdDev 4.94%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
| |
|
|