| TNA latest price $45.6500 (0.04%) ($44.2000 - $46.2700) on Wed. Nov. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 61 |
Latest Price | $45.6500(0.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 4.3% a day on average for past five trading days. |
Weekly Trend | TNA advances 9.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -2.21% in a week (0% probabilities). VIXM(-64%) UUP(-36%) VXX(-25%) EDOC(-9%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.21% (StdDev 4.42%) |
Hourly BBV | -0.6 () |
Intraday Trend | -1.2% |
| |
|
|