| TNA latest price $21.6600 (-5.79%) ($21.6350 - $23.3700) on Tue. May. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.55% (three month average) |
RSI | 43 |
Latest Price | $21.6600(-5.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.3% a day on average for past five trading days. |
Weekly Trend | TNA declines -3.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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%) XAR(84%) XLI(84%) VYM(83%) IWM(82%) |
Factors Impacting TNA price | TNA will decline at least -6.275% in a week (0% probabilities). VIXM(-65%) UUP(-36%) VXX(-27%) TLT(-6%) XLC(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 | -6.275% (StdDev 12.55%) |
Hourly BBV | 0.5 () |
Intraday Trend | -4.9% |
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