Trading Signals: TNA Stock Price Prediction and Forecast

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Wed. May. 20, 2020

Trading Signals: TNA Stock Price Prediction and Forecast (Mon. Dec. 1, 2014 - Fri. Dec. 22, 2023)

(Direxion Small Cap Bull 3x ETF)
TNA latest price $23.5700 (8.82%) ($22.8000 - $24.0700) on Wed. May. 20, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   12.61% (three month average)
RSI   53
Latest Price   $23.5700(8.82%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TNA advances 5.1% a day on average for past five trading days.
Weekly Trend   TNA advances 1.9% 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(87%)    XAR(84%)    XLI(84%)    VYM(83%)    IWM(82%)
Factors Impacting TNA price   TNA will decline at least -6.305% 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.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -6.305% (StdDev 12.61%)
Hourly BBV 1.1 ()
Intraday Trend 2.7%

5 Day Moving Average   $21.26(10.87%)
10 Day Moving Average   $21.22(11.07%)
20 Day Moving Average   $21.03(12.08%)
To recent high   -68.6%
To recent low   106.8%
Market Cap   $N/A

Average daily price decay: -0.16%

$. TNA is a 3x leveraged ETF. You'll lose 0.16% a day on average for holding it.$. TNA price fluctuates within 9.56% (three month std-dev: 12.61%) daily (68% of days).

Sample size 16 Average positive next day return: 1.33%(38%) Average negative next day return: -2.47%(63%) Sample size 16 Average positive next three day return: 4.51%(50%) Average negative next three day return: -4.61%(50%) Sample size 16 Average positive next weekly return: 5.01%(38%) Average negative next weekly return: -4.2%(63%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200620

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_20_2020	41.68	21.03	21.22	21.26	21.77	22.85	23.57(8.82%)	UT	OpenLong	75	1.1	13	420	13	14	29.85	44%	-1.19	44.6	12.61%	1.1	1.3	53	1.5
2	May_19_2020	42.18	20.73	20.84	20.22	20.33	22.5	21.66(-5.79%)	N/A	N/A	0	0.7	6	760	11	-10	29.88	44%	-1.19	29.6	12.55%	0.5	0.4	43	0.9
3	May_18_2020	42.69	20.51	20.72	19.97	19.46	20.69	22.99(18.14%)	N/A	N/A	0	1.4	4	370	11	-17	30.6	44%	-1.18	20.3	12.54%	1.4	1.2	53	1.4
4	May_15_2020	43.2	20.26	20.39	19.95	19.26	18.17	19.46(4.46%)	DP	OpenShort	-75	-0.2	-14	-500	-9	-29	24.71	42%	-1.26	20.5	12.3%	1.3	-0.4	48	1
5	May_14_2020	43.75	20.24	20.45	20.7	20.22	18.24	18.63(1.53%)	DP	OpenShort	-75	-0.9	-17	-760	-15	-21	38.74	42%	-0.61	27.1	12.38%	-0.6	-0.7	54	0.8

6	May_13_2020	44.02	20.17	20.83	21.15	21.48	20.35	18.35(-10.18%)	DT	OpenShort	-75	-1.2	-10	-320	-11	-5	32.63	42%	-1.28	30.7	12.37%	-1.5	-0.8	56	0.1
7	May_12_2020	44.59	20.13	21.51	21.15	21.97	22.21	20.43(-10.71%)	UD	OpenLong	65	-0.5	4	140	-1	20	24.47	42%	-1.22	39.4	12.32%	-2.5	0.1	62	1.2
8	May_11_2020	45.14	20.08	21.69	21.48	21.63	22.6	22.88(-1.51%)	UD	OpenLong	75	0.6	16	330	9	37	28.41	42%	-1.12	48.6	12.27%	1.1	1.2	70	2.3
9	May_8_2020	45.65	19.85	21.51	20.9	21.22	21.73	23.23(11.36%)	UT	OpenLong	75	1	19	210	12	38	27.38	42%	-1.1	55.6	12.18%	1.7	1.5	65	2
10	May_7_2020	46.16	19.67	21.09	20.21	20.41	20.66	20.86(4.4%)	UT	HoldLong	50	0.3	5	120	-2	24	21.91	42%	-1.14	65.4	12.18%	-0.1	0.6	58	1.4

11	May_6_2020	46.69	19.5	20.84	20.53	20.22	20.71	19.98(-2.25%)	UD	OpenLong	65	-0.3	3	120	-7	31	20.58	42%	-1.12	81.2	12.16%	-0.2	0.2	63	0.8
12	May_5_2020	47.22	19.29	20.64	21.59	20.87	20.17	20.44(2.35%)	UD	OpenLong	65	-0.5	11	-330	-3	52	27.23	42%	-1.09	88.5	12.16%	0.7	0.5	63	1.1
13	May_4_2020	47.74	19.04	20.32	21.93	21.81	19.74	19.97(0.86%)	UD	OpenLong	65	-0.8	4	-680	-11	50	18.01	43%	-1.04	85.7	12.18%	-0.4	0.4	54	0.5
14	May_1_2020	48.24	18.69	20.16	22.18	22.57	21.56	19.8(-11.88%)	UD	OpenLong	65	-0.9	7	-260	-9	56	24.12	43%	-1.07	71.5	12.11%	-1.3	0.4	56	0.4
15	Apr_30_2020	48.76	18.39	20.08	22	22.68	23.89	22.47(-11.05%)	UD	OpenLong	75	0.2	23	470	11	60	25.81	43%	-0.95	58.1	12.05%	-0.6	1.4	56	1.3

16	Apr_29_2020	49.23	17.93	19.5	21.12	21.59	23.59	25.26(13.99%)	UT	OpenLong	75	1.4	33	720	26	52	30.65	43%	-0.89	45.3	11.98%	1.6	2.4	68	1.7
17	Apr_28_2020	49.67	17.46	18.63	19.57	19.94	21.47	22.16(4.53%)	UT	OpenLong	75	1	24	590	21	31	31.35	41%	-0.94	40.4	11.83%	1	1.9	69	1.2
18	Apr_27_2020	50.14	17.17	18.3	18.51	18.77	19.58	21.2(11.99%)	UT	OpenLong	75	1.2	16	340	13	23	23.75	41%	-0.97	43.1	11.82%	1.7	1.8	68	1.4
19	Apr_24_2020	50.63	16.88	17.98	17.9	17.86	18.4	18.93(4.93%)	UT	OpenLong	75	0.5	8	200	2	25	19.68	39%	-0.96	48.3	11.71%	2	1	73	0.9
20	Apr_23_2020	51.12	16.81	18.05	17.88	17.73	17.96	18.04(2.91%)	UT	OpenLong	75	0.1	15	70	5	46	23.17	39%	-0.95	62.2	11.68%	1	0.6	66	0.4

21	Apr_22_2020	51.61	16.66	18	17.6	17.85	17.31	17.53(3.91%)	UT	OpenLong	75	-0	14	-170	1	53	13.11	39%	-0.94	66.2	11.67%	0	0.4	66	0.3
22	Apr_21_2020	52.1	16.52	17.82	17.51	17.58	17.5	16.87(-6.95%)	UD	OpenLong	65	-0.3	5	-20	-9	45	24.89	38%	-0.95	61.1	11.65%	-1.1	0.2	54	-0.2
23	Apr_20_2020	52.6	16.27	17.69	18.02	17.63	18.39	18.13(-3.77%)	UD	OpenLong	75	0	16	240	2	57	21.68	38%	-0.94	54.6	11.63%	0.2	0.8	55	0.6
24	Apr_17_2020	53.1	15.97	17.16	18.06	18	17.67	18.84(13.15%)	UT	OpenLong	75	0.3	13	-140	1	49	23.61	38%	-0.67	29.9	11.72%	1.5	1.2	59	1.2
25	Apr_16_2020	53.46	15.67	16.64	18.28	18.05	16.88	16.65(-2.35%)	UD	OpenLong	65	-0.7	2	-490	-10	38	21.52	37%		20.3	11.57%	-0.8	0.4	50	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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