| TNA latest price $61.0000 (-3.36%) ($59.5300 - $65.4300) on Fri. Feb. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.63% (three month average) |
RSI | 49 |
Latest Price | $61.0000(-3.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.7% a day on average for past five trading days. |
Weekly Trend | TNA advances 4.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(91%) XLI(88%) XRT(87%) XHB(86%) VYM(85%) |
Factors Impacting TNA price | TNA will decline at least -2.315% in a week (0% probabilities). VIXM(-66%) UUP(-40%) VXX(-19%) TBT(-12%) EDOC(4%) |
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 | -2.315% (StdDev 4.63%) |
Hourly BBV | -2.1 () |
Intraday Trend | -3.6% |
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