| TNA latest price $54.9400 (2.4%) ($54.3400 - $55.2500) on Wed. Aug. 21, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.3% (three month average) |
| RSI | 42 |
| Latest Price | $54.9400(2.4%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | TNA advances 1.7% a day on average for past five trading days. |
| Weekly Trend | TNA declines -2.4% 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(88%) XAR(87%) XLI(87%) IWO(86%) |
| Factors Impacting TNA price | TNA will decline at least -1.65% 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 | -1.65% (StdDev 3.3%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.5% |
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