| TNA latest price $29.1400 (0.9%) ($28.5400 - $29.7480) on Fri. Jul. 17, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 7.28% (three month average) |
| RSI | 68 |
| Latest Price | $29.1400(0.9%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | TNA advances 2.1% a day on average for past five trading days. |
| Weekly Trend | TNA advances 3.2% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability)
VT(87%) XLI(83%) XAR(82%) VFMO(81%) VYM(81%) |
| Factors Impacting TNA price | TNA will decline at least -3.64% in a week (0% probabilities).
VIXM(-62%) 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 | -3.64% (StdDev 7.28%) |
| Hourly BBV | 0.4 () |
| Intraday Trend | -0.2% |
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