| TNA latest price $67.9300 (3.41%) ($67.5660 - $68.6600) on Fri. Dec. 6, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.45% (three month average) |
RSI | 63 |
Latest Price | $67.9300(3.41%) |
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 1.9% 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 -1.225% in a week (0% probabilities). VIXM(-69%) VXX(-32%) UUP(-21%) TLT(-15%) 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 | -1.225% (StdDev 2.45%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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