| TNA latest price $36.3900 (2.39%) ($34.8850 - $36.7500) on Wed. Sep. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.33% (three month average) |
RSI | 53 |
Latest Price | $36.3900(2.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.2% a day on average for past five trading days. |
Weekly Trend | TNA declines -0.2% 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%) XAR(83%) XLI(83%) VFMO(82%) VYM(81%) |
Factors Impacting TNA price | TNA will decline at least -2.665% in a week (0% probabilities). VIXM(-63%) UUP(-36%) VXX(-25%) EDOC(-5%) 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 | -2.665% (StdDev 5.33%) |
Hourly BBV | 2.3 () |
Intraday Trend | 1.1% |
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