| TNA latest price $84.8700 (-3.13%) ($84.2700 - $88.2500) on Thu. Aug. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 43 |
Latest Price | $84.8700(-3.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.2% a day on average for past five trading days. |
Weekly Trend | TNA declines -1.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(90%) XRT(86%) XLI(85%) VFMO(84%) XHB(84%) |
Factors Impacting TNA price | TNA will decline at least -1.7% in a week (0% probabilities). VIXM(-67%) UUP(-37%) VXX(-22%) TBT(-6%) IGOV(-4%) |
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 | -1.7% (StdDev 3.4%) |
Hourly BBV | -1.7 () |
Intraday Trend | -2.5% |
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