| TNA latest price $32.7300 (11.59%) ($32.3600 - $34.0050) on Fri. Jun. 5, 2020. |
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| Trend Analysis and Forecast |
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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(-4%) XLC(3%) |
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 | -6.23% (StdDev 12.46%) |
Hourly BBV | 1.1 () |
Intraday Trend | -1.4% |
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