| TNA latest price $58.7800 (5.76%) ($55.9700 - $59.2070) on Wed. Apr. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.04% (three month average) |
RSI | 42 |
Latest Price | $58.7800(5.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TNA declines -6.9% 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(87%) XHB(86%) XRT(86%) |
Factors Impacting TNA price | TNA will decline at least -2.52% in a week (0% probabilities). VIXM(-64%) UUP(-40%) VXX(-17%) TBT(-15%) TLT(15%) |
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 | -2.52% (StdDev 5.04%) |
Hourly BBV | 1.5 () |
Intraday Trend | 5% |
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