| TNA latest price $84.7500 (-0.46%) ($84.5200 - $86.5100) on Fri. Dec. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 54 |
Latest Price | $84.7500(-0.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 4.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(90%) XLI(87%) XRT(87%) VYM(85%) XHB(85%) |
Factors Impacting TNA price | TNA will decline at least -1.96% in a week (0% probabilities). VIXM(-66%) UUP(-39%) VXX(-19%) TBT(-10%) 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 | -1.96% (StdDev 3.92%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.2% |
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