| TNA latest price $54.8400 (4.26%) ($52.5350 - $54.9100) on Tue. Mar. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.91% (three month average) |
RSI | 55 |
Latest Price | $54.8400(4.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.1% a day on average for past five trading days. |
Weekly Trend | TNA declines -2.3% 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(91%) XLI(88%) VYM(86%) XRT(86%) XHB(85%) |
Factors Impacting TNA price | TNA will decline at least -2.455% in a week (0% probabilities). VIXM(-65%) UUP(-41%) VXX(-18%) TBT(-14%) EDOC(-2%) |
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 | -2.455% (StdDev 4.91%) |
Hourly BBV | -0.2 () |
Intraday Trend | 3.5% |
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