| TNA latest price $85.6500 (1.34%) ($84.0750 - $87.5100) on Wed. Jan. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.37% (three month average) |
RSI | 78 |
Latest Price | $85.6500(1.34%) |
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 12.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(88%) VFMO(84%) XAR(83%) XLI(83%) VYM(81%) |
Factors Impacting TNA price | TNA will decline at least -2.185% in a week (0% probabilities). VIXM(-65%) UUP(-37%) VXX(-24%) TBT(-3%) TLT(3%) |
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 | -2.185% (StdDev 4.37%) |
Hourly BBV | 1 () |
Intraday Trend | 0.1% |
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