| TNA latest price $30.1900 (0.47%) ($29.1700 - $31.3300) on Thu. Jul. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.19% (three month average) |
RSI | 61 |
Latest Price | $30.1900(0.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.9% a day on average for past five trading days. |
Weekly Trend | TNA advances 6.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal 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 -3.595% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.595% (StdDev 7.19%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.6% |
| |
|
|