| TNA latest price $30.0000 (4.35%) ($29.5000 - $30.6650) on Tue. Jul. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.2% (three month average) |
RSI | 58 |
Latest Price | $30.0000(4.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.5% a day on average for past five trading days. |
Weekly Trend | TNA advances 4.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value 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 -3.6% in a week (0% probabilities). VIXM(-62%) UUP(-36%) VXX(-25%) XLC(-1%) TLT(-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 | -3.6% (StdDev 7.2%) |
Hourly BBV | -1.4 () |
Intraday Trend | 1% |
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