| TNA latest price $19.4100 (5.78%) ($18.7500 - $20.3500) on Tue. Apr. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.52% (three month average) |
RSI | 64 |
Latest Price | $19.4100(5.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 4.9% a day on average for past five trading days. |
Weekly Trend | TNA advances 8.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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 -5.76% in a week (0% probabilities). VIXM(-65%) UUP(-35%) VXX(-27%) TLT(-7%) 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 | -5.76% (StdDev 11.52%) |
Hourly BBV | 0.4 () |
Intraday Trend | -2.5% |
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