Trading Signals: TNA Stock Price Prediction and Forecast

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Fri. Dec. 18, 2020

Trading Signals: TNA Stock Price Prediction and Forecast (Mon. Dec. 1, 2014 - Fri. Dec. 22, 2023)

(Direxion Small Cap Bull 3x ETF)
TNA latest price $65.7700 (-1.36%) ($65.1200 - $68.2000) on Fri. Dec. 18, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.5% (three month average)
RSI   84
Latest Price   $65.7700(-1.36%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TNA advances 1.7% a day on average for past five trading days.
Weekly Trend   TNA advances 8.7% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support TNA advance at 0% a week (0% probability)
VT(87%)    VFMO(84%)    XAR(83%)    XLI(82%)    XHB(81%)
Factors Impacting TNA price   TNA will decline at least -2.25% in a week (0% probabilities).
VIXM(-65%)    UUP(-36%)    VXX(-25%)    TBT(-2%)    EDOC(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.25% (StdDev 4.5%)
Hourly BBV 0.1 ()
Intraday Trend -1.8%

5 Day Moving Average   $64.49(1.98%)
10 Day Moving Average   $62.44(5.33%)
20 Day Moving Average   $58.35(12.72%)
To recent high   -1.4%
To recent low   141.2%
Market Cap   $N/A

Average daily price decay: -0.02%

$. TNA is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. TNA price fluctuates within 8.45% (three month std-dev: 4.5%) daily (68% of days).

Sample size 48 Average positive next day return: 2.2%(46%) Average negative next day return: -2.4%(54%) Sample size 48 Average positive next three day return: 4.91%(35%) Average negative next three day return: -4.05%(65%) Sample size 48 Average positive next weekly return: 8.25%(38%) Average negative next weekly return: -4.73%(63%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210118

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_18_2020	40.27	58.35	62.44	64.49	65.1	66.13	65.77(-1.36%)	UD	OpenLong	75	0.3	51	140	26	126	8.08	72%	0.9	87.2	4.5%	0.1	1.5	84	1.2
2	Dec_17_2020	39.91	57.52	61.7	63.39	63.9	65.23	66.68(3.51%)	UT	OpenLong	75	0.7	54	170	30	124	6.5	72%	0.91	86.5	4.5%	1.6	1.8	73	1.6
3	Dec_16_2020	39.55	56.58	60.5	62.31	62.49	64.07	64.42(-0.95%)	UD	OpenLong	75	0.4	53	190	32	114	7.57	72%	0.92	85.3	4.51%	1.1	1.6	72	1.5
4	Dec_15_2020	39.19	55.85	59.44	61.32	61.21	62.58	65.04(7.42%)	UT	OpenLong	75	0.8	47	150	29	100	8.38	72%	0.93	88.2	4.5%	1.8	2	71	0.8
5	Dec_14_2020	38.83	55.05	58.27	60.48	60.5	60.91	60.55(0.46%)	UT	OpenLong	75	0	38	50	19	93	9.62	72%	0.83	98.1	4.43%	0.4	1.3	72	-0.6

6	Dec_11_2020	38.51	54.34	57.45	60.08	59.86	59.84	60.27(-1.6%)	UD	OpenLong	75	0	25	-10	3	89	9.32	72%	0.81	101	4.51%	-0	1.3	76	0.3
7	Dec_10_2020	38.2	53.52	56.93	59.7	59.45	60.09	61.25(2.96%)	UT	HoldLong	65	0.3	39	60	17	106	6.84	72%	0.82	96.5	4.51%	0.9	1.6	78	0.9
8	Dec_9_2020	37.89	52.74	56.21	58.38	58.81	59.87	59.49(-2.19%)	UD	OpenLong	75	0.2	51	150	31	110	12.95	72%	0.8	100.6	4.55%	-0.2	1.4	79	1
9	Dec_8_2020	37.59	52.04	55.73	57.21	57.31	58.81	60.82(3.88%)	UT	OpenLong	75	0.8	52	190	33	108	6.86	69%	0.86	105.1	4.55%	1.7	1.9	73	1.6
10	Dec_7_2020	37.27	51.15	54.83	55.74	55.81	57.76	58.55(0.24%)	UT	OpenLong	75	0.6	54	250	39	97	7.1	69%	0.81	110.4	4.62%	1	1.7	72	1.1

11	Dec_4_2020	36.97	50.19	53.91	54.44	54.66	55.81	58.41(6.96%)	UT	HoldLong	65	0.8	45	160	32	85	7.84	69%	0.82	102.5	4.65%	1.7	1.7	77	1.2
12	Dec_3_2020	36.67	49.27	52.97	53.79	53.72	53.87	54.61(1.75%)	UT	HoldLong	65	0.2	23	20	4	81	7.19	64%	0.69	105.6	4.61%	1.2	1.1	77	0.9
13	Dec_2_2020	36.42	48.42	52.35	53.75	53.77	53.5	53.67(0.39%)	UD	OpenLong	65	-0	18	-30	-4	84	7.33	64%	0.77	101.7	4.76%	1.4	1	68	1
14	Dec_1_2020	36.14	47.6	52	54.01	54.01	53.57	53.46(2.67%)	UD	OpenLong	65	-0.1	23	-60	-4	102	10.78	64%	0.78	99	4.76%	0.4	1	68	1
15	Nov_30_2020	35.86	46.65	51.61	53.75	54.23	54.04	52.07(-5.57%)	UD	OpenLong	75	-0.3	32	0	3	120	8.12	64%	0.73	88.5	4.76%	0.4	0.9	70	1.1

16	Nov_27_2020	35.6	45.7	51.06	53.18	53.79	54.46	55.14(1.3%)	UT	HoldLong	65	0.3	51	120	20	143	4.56	67%	1.11	73.9	4.7%	-2.4	1.4	82	1.1
17	Nov_25_2020	35.21	44.62	49.91	51.98	52.32	54.43	54.43(-0.98%)	UD	OpenLong	75	0.3	62	300	34	145	8.16	67%	0.83	61.7	4.67%	0.6	1.4	78	1.3
18	Nov_24_2020	34.92	43.52	49.02	50.71	50.89	53.13	54.97(5.43%)	UT	HoldLong	65	0.6	76	320	48	159	9.37	67%	0.78	55.3	4.67%	1.3	1.7	82	1.1
19	Nov_23_2020	34.65	42.52	48.04	49.76	49.58	50.21	52.14(5.89%)	UT	HoldLong	65	0.4	61	80	26	167	9.01	66%	0.52	53.6	4.64%	1.8	1.5	81	1.1
20	Nov_20_2020	34.47	41.71	47.15	49.22	48.91	48.64	49.24(0.24%)	UT	HoldLong	65	0	48	-60	2	185	6.08	64%	0.64	54.4	4.61%	0	1.2	82	1.2

21	Nov_19_2020	34.25	41.17	46.18	48.6	48.9	48.94	49.12(2.14%)	UT	HoldLong	65	0.1	62	20	13	208	9.52	64%	0.68	54.4	4.62%	-0.2	1.4	84	1.3
22	Nov_18_2020	34.02	40.6	45.29	47.47	48.16	49.18	48.09(-4.22%)	UD	OpenLong	75	0.1	68	190	17	219	10.46	64%	0.62	50.5	4.61%	-0.2	1.3	78	1.3
23	Nov_17_2020	33.81	40	44.21	46.98	46.75	48.85	50.21(1.58%)	UT	HoldLong	65	0.6	86	300	33	243	10.28	64%	0.71	49.7	4.59%	1.2	1.9	83	1.6
24	Nov_16_2020	33.57	39.31	42.85	46.07	45.92	47.14	49.43(7.06%)	UT	OpenLong	75	0.7	96	180	46	245	10.62	64%	0.78	48.3	4.59%	1.3	2.1	72	1.6
25	Nov_13_2020	33.31	38.65	41.3	44.84	44.95	44.64	46.17(6.26%)	UT	OpenLong	75	0.3	64	-40	14	212	9.86	62%		44	4.52%	1.8	1.8	66	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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