| TNA latest price $107.1500 (2.45%) ($105.0100 - $108.5450) on Thu. Nov. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.37% (three month average) |
RSI | 68 |
Latest Price | $107.1500(2.45%) |
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 8.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(90%) XRT(87%) XLI(86%) VFMO(84%) VUG(84%) |
Factors Impacting TNA price | TNA will decline at least -1.685% in a week (0% probabilities). VIXM(-67%) UUP(-37%) VXX(-21%) TBT(-7%) IGOV(-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 | -1.685% (StdDev 3.37%) |
Hourly BBV | -0.3 () |
Intraday Trend | 1.3% |
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