| TNA latest price $88.4700 (2.24%) ($85.4100 - $89.4000) on Wed. Dec. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.84% (three month average) |
RSI | 37 |
Latest Price | $88.4700(2.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 3.3% a day on average for past five trading days. |
Weekly Trend | TNA declines -8.6% a week on average for past two weeks. |
Market Behavior | Growth stock 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(90%) XRT(87%) XLI(86%) XHB(85%) VUG(84%) |
Factors Impacting TNA price | TNA will decline at least -1.92% in a week (0% probabilities). VIXM(-67%) UUP(-38%) VXX(-20%) TBT(-8%) 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 | -1.92% (StdDev 3.84%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.5% |
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