| TNA latest price $78.1000 (-0.74%) ($74.7100 - $80.4800) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 68 |
Latest Price | $78.1000(-0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 3.4% a day on average for past five trading days. |
Weekly Trend | TNA advances 4.2% 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%) VFMO(84%) XAR(83%) XLI(83%) VYM(81%) |
Factors Impacting TNA price | TNA will decline at least -2.14% in a week (0% probabilities). VIXM(-65%) UUP(-36%) VXX(-25%) TBT(-2%) TLT(2%) |
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 | -2.14% (StdDev 4.28%) |
Hourly BBV | 0.4 () |
Intraday Trend | -2.4% |
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