| TNA latest price $64.0200 (4.95%) ($60.3000 - $64.2100) on Wed. Jul. 24, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3% (three month average) |
| RSI | 51 |
| Latest Price | $64.0200(4.95%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | TNA advances 1.2% a day on average for past five trading days. |
| Weekly Trend | TNA declines -1.1% 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 -1.5% in a week (0% probabilities).
VIXM(-69%) VXX(-33%) UUP(-20%) TLT(-17%) IGOV(-2%) |
| 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 | -1.5% (StdDev 3%) |
| Hourly BBV | 0 () |
| Intraday Trend | 5.9% |
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