| TNA latest price $68.4800 (-1.3%) ($67.5400 - $70.3960) on Fri. Dec. 13, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.29% (three month average) |
RSI | 70 |
Latest Price | $68.4800(-1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TNA advances 1.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off 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 -1.145% in a week (0% probabilities). VIXM(-69%) VXX(-32%) UUP(-21%) TLT(-15%) IGOV(-0%) |
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 | -1.145% (StdDev 2.29%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.9% |
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