| TNA latest price $27.5300 (1.96%) ($27.2800 - $28.7500) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.89% (three month average) |
RSI | 54 |
Latest Price | $27.5300(1.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.7% a day on average for past five trading days. |
Weekly Trend | TNA advances 0.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(87%) XAR(83%) XLI(83%) VYM(81%) IWM(80%) |
Factors Impacting TNA price | TNA will decline at least -3.945% in a week (0% probabilities). VIXM(-63%) UUP(-36%) VXX(-25%) TLT(-2%) XLC(-1%) |
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 | -3.945% (StdDev 7.89%) |
Hourly BBV | 0.2 () |
Intraday Trend | -3.8% |
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