| TNA latest price $38.9100 (-1.42%) ($38.2200 - $40.3800) on Mon. May. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.5% (three month average) |
RSI | 40 |
Latest Price | $38.9100(-1.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.7% a day on average for past five trading days. |
Weekly Trend | TNA declines -10.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(90%) XLI(88%) VYM(87%) XRT(86%) XAR(85%) |
Factors Impacting TNA price | TNA will decline at least -2.75% in a week (0% probabilities). VIXM(-61%) UUP(-40%) VXX(-16%) TBT(-12%) TLT(13%) |
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 | -2.75% (StdDev 5.5%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.5% |
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