Trading Signals: TNA Stock Price Prediction and Forecast

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Fri. Jun. 5, 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 $32.7300 (11.59%) ($32.3600 - $34.0050) on Fri. Jun. 5, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   12.46% (three month average)
RSI   82
Latest Price   $32.7300(11.59%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TNA advances 4.8% a day on average for past five trading days.
Weekly Trend   TNA advances 14% 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%)    XLI(84%)    XAR(83%)    IWM(82%)    VYM(82%)
Factors Impacting TNA price   TNA will decline at least -6.23% 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   -6.23% (StdDev 12.46%)
Hourly BBV 1.1 ()
Intraday Trend -1.4%

5 Day Moving Average   $29.15(12.28%)
10 Day Moving Average   $27.82(17.65%)
20 Day Moving Average   $24.81(31.92%)
To recent high   -32.6%
To recent low   187.1%
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 15.24% (three month std-dev: 12.46%) daily (68% of days).

Sample size 25 Average positive next day return: 9.25%(60%) Average negative next day return: -5.02%(40%) Sample size 25 Average positive next three day return: 15.68%(48%) Average negative next three day return: -10.15%(52%) Sample size 25 Average positive next weekly return: 21.59%(40%) Average negative next weekly return: -11.21%(60%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200705

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	Jun_5_2020	36.58	24.81	27.82	29.15	29.67	31.12	32.73(11.59%)	UT	HoldLong	65	0.9	33	400	19	75	27.99	47%	-1.22	67.3	12.46%	1.1	2.1	82	2
2	Jun_4_2020	37.03	24.19	26.9	27.81	28.07	29.19	29.33(-0.24%)	UD	OpenLong	75	0.5	24	310	9	69	27.93	49%	-1.23	60.9	12.44%	0.3	1.5	81	1.6
3	Jun_3_2020	37.49	23.71	26.33	27.26	27.2	28.22	29.4(7.06%)	UT	HoldLong	65	0.7	24	260	7	75	21.43	48%	-1.19	50	12.49%	1.4	1.8	82	1.7
4	Jun_2_2020	37.94	23.25	25.56	27.09	26.87	26.95	27.46(2.31%)	UT	OpenLong	75	0.1	24	-0	5	79	25.84	48%	-1.2	49.8	12.48%	0.7	1.4	69	1.3
5	Jun_1_2020	38.4	22.86	25.12	26.81	26.96	26.17	26.84(3.15%)	UT	OpenLong	75	0	20	-190	1	77	21.8	48%	-1.18	47.1	12.48%	0.3	1.4	60	1

6	May_29_2020	38.86	22.5	24.41	26.25	26.91	26.8	26.02(-2.07%)	UD	OpenLong	75	-0.1	16	50	0	64	31.33	48%	-1.2	44.5	12.58%	-0.7	1.3	57	1.3
7	May_28_2020	39.33	22.3	23.71	25.8	26.44	27.75	26.57(-7%)	UD	OpenLong	75	0.3	22	420	9	59	30.86	48%	-1.16	50.2	12.67%	-0.1	1.6	64	0.9
8	May_27_2020	39.79	22.2	22.9	25.2	25.36	27.02	28.57(9.59%)	UT	OpenLong	75	1.3	28	480	19	54	33.55	47%	-1.07	60.4	12.64%	1.5	2.5	69	1.5
9	May_26_2020	40.22	21.84	22.04	23.82	24.3	25.13	26.07(8.49%)	UT	OpenLong	75	1.1	18	300	12	35	27.12	47%	-1.9	66.6	12.65%	1.2	2	65	1.3
10	May_22_2020	41	21.57	21.66	23.2	23.28	23.7	24.03(1.09%)	UT	OpenLong	75	0.4	14	140	8	33	22.53	45%	-1.18	72.5	12.51%	1	1.3	63	1.2

11	May_21_2020	41.49	21.32	21.53	22.29	22.99	23.48	23.77(0.85%)	UT	OpenLong	75	0.8	17	240	13	30	34.39	44%	-0.46	57.6	12.61%	1	1.3	63	1.1
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		71.5	12.11%	-1.3	0.4	56	0.4
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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