| TNA latest price $61.6500 (-5.08%) ($61.5300 - $64.7300) on Wed. Mar. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.94% (three month average) |
RSI | 52 |
Latest Price | $61.6500(-5.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.5% a day on average for past five trading days. |
Weekly Trend | TNA advances 6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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%) XAR(85%) |
Factors Impacting TNA price | TNA will decline at least -2.47% in a week (0% probabilities). VIXM(-65%) UUP(-40%) VXX(-17%) TBT(-15%) EDOC(8%) |
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 | -2.47% (StdDev 4.94%) |
Hourly BBV | -1.5 () |
Intraday Trend | -3.4% |
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