| TNA latest price $65.5500 (0.85%) ($63.5100 - $65.8600) on Mon. Apr. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.08% (three month average) |
RSI | 70 |
Latest Price | $65.5500(0.85%) |
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 3.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(91%) XLI(88%) VYM(87%) XHB(86%) XRT(86%) |
Factors Impacting TNA price | TNA will decline at least -2.54% in a week (0% probabilities). VIXM(-64%) 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 | -2.54% (StdDev 5.08%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.2% |
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