| TNA latest price $100.4800 (-0.89%) ($99.2500 - $103.4100) on Mon. Jun. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.14% (three month average) |
RSI | 70 |
Latest Price | $100.4800(-0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TNA advances 5.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(89%) XRT(86%) VFMO(85%) XLI(85%) XAR(83%) |
Factors Impacting TNA price | TNA will decline at least -2.07% in a week (0% probabilities). VIXM(-67%) UUP(-37%) VXX(-23%) TBT(-3%) IGOV(-1%) |
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 | -2.07% (StdDev 4.14%) |
Hourly BBV | -0.3 () |
Intraday Trend | -1.5% |
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