| TNA latest price $58.1300 (3.79%) ($54.9100 - $58.2800) on Tue. Sep. 10, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.51% (three month average) |
RSI | 57 |
Latest Price | $58.1300(3.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.8% a day on average for past five trading days. |
Weekly Trend | TNA advances 2.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -1.755% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.755% (StdDev 3.51%) |
Hourly BBV | 0 () |
Intraday Trend | 4.2% |
| |
|
|