| TNA latest price $17.4900 (13.94%) ($15.6000 - $17.8600) on Wed. Apr. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.21% (three month average) |
RSI | 63 |
Latest Price | $17.4900(13.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 6.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 4.9% 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(88%) XAR(85%) XLI(85%) IWM(84%) VYM(84%) |
Factors Impacting TNA price | TNA will decline at least -5.605% in a week (0% probabilities). VIXM(-66%) UUP(-35%) VXX(-27%) TLT(-8%) IGOV(5%) |
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 | -5.605% (StdDev 11.21%) |
Hourly BBV | 1.5 () |
Intraday Trend | 8.4% |
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