| TNA latest price $51.8100 (2.45%) ($51.1100 - $52.3200) on Wed. Sep. 4, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 54 |
Latest Price | $51.8100(2.45%) |
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 -0.6% 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 -1.695% in a week (0% probabilities). VIXM(-69%) VXX(-33%) UUP(-21%) TLT(-16%) IGOV(-1%) |
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 | -1.695% (StdDev 3.39%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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