| TNA latest price $19.8000 (-11.88%) ($18.8100 - $20.9600) on Fri. May. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.11% (three month average) |
RSI | 56 |
Latest Price | $19.8000(-11.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TNA advances 12.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(87%) XLI(85%) XAR(84%) IWM(83%) VYM(83%) |
Factors Impacting TNA price | TNA will decline at least -6.055% in a week (0% probabilities). VIXM(-65%) UUP(-35%) VXX(-27%) TLT(-6%) IGOV(4%) |
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 | -6.055% (StdDev 12.11%) |
Hourly BBV | -1.3 () |
Intraday Trend | -4.9% |
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