| TNA latest price $53.3000 (1.81%) ($52.0500 - $53.5700) on Thu. Jan. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 83 |
Latest Price | $53.3000(1.81%) |
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 6.7% 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(89%) VT(89%) IWO(87%) XAR(87%) XLI(87%) |
Factors Impacting TNA price | TNA will decline at least -2.365% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.365% (StdDev 4.73%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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