| TNA latest price $87.7900 (3.59%) ($84.9200 - $89.3800) on Mon. Jan. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.91% (three month average) |
RSI | 63 |
Latest Price | $87.7900(3.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.3% a day on average for past five trading days. |
Weekly Trend | TNA advances 5.3% a week on average for past two weeks. |
Market Behavior | Broad based 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%) XLI(87%) XRT(87%) VYM(85%) XHB(85%) |
Factors Impacting TNA price | TNA will decline at least -1.955% 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 | -1.955% (StdDev 3.91%) |
Hourly BBV | 0.8 () |
Intraday Trend | 2.1% |
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