| TNA latest price $60.0600 (9.52%) ($55.2300 - $60.0600) on Wed. Mar. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.02% (three month average) |
RSI | 54 |
Latest Price | $60.0600(9.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.4% a day on average for past five trading days. |
Weekly Trend | TNA declines -3.5% 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 -2.51% 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 | -2.51% (StdDev 5.02%) |
Hourly BBV | 1.5 () |
Intraday Trend | 6.6% |
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