| TNA latest price $93.9500 (4.15%) ($90.3500 - $94.1400) on Fri. Feb. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.04% (three month average) |
RSI | 65 |
Latest Price | $93.9500(4.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 4.5% a day on average for past five trading days. |
Weekly Trend | TNA advances 1.9% 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(88%) VFMO(84%) XAR(83%) XLI(83%) XHB(82%) |
Factors Impacting TNA price | TNA will decline at least -2.02% in a week (0% probabilities). VIXM(-66%) UUP(-37%) VXX(-25%) 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 | -2.02% (StdDev 4.04%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.1% |
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