| TNA latest price $69.9300 (2.12%) ($69.7700 - $71.1700) on Mon. Dec. 16, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 61 |
Latest Price | $69.9300(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.7% a day on average for past five trading days. |
Weekly Trend | TNA advances 1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -1.15% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.15% (StdDev 2.3%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.4% |
| |
|
|