| TNA latest price $29.3300 (-0.24%) ($28.4800 - $29.9500) on Thu. Jun. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 12.44% (three month average) |
RSI | 81 |
Latest Price | $29.3300(-0.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2% a day on average for past five trading days. |
Weekly Trend | TNA advances 13.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(87%) XLI(84%) XAR(83%) IWM(82%) VYM(82%) |
Factors Impacting TNA price | TNA will decline at least -6.22% in a week (0% probabilities). VIXM(-64%) UUP(-35%) VXX(-27%) TLT(-5%) XLC(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -6.22% (StdDev 12.44%) |
Hourly BBV | 0.3 () |
Intraday Trend | 1.4% |
| |
|
|