| TNA latest price $63.1500 (3.2%) ($58.3300 - $63.4000) on Tue. Feb. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.56% (three month average) |
RSI | 33 |
Latest Price | $63.1500(3.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.3% a day on average for past five trading days. |
Weekly Trend | TNA declines -11.8% 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%) XHB(86%) VYM(85%) |
Factors Impacting TNA price | TNA will decline at least -2.28% in a week (0% probabilities). VIXM(-66%) UUP(-40%) VXX(-19%) TBT(-11%) EDOC(6%) |
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 | -2.28% (StdDev 4.56%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.4% |
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