| TNA latest price $39.5900 (5.71%) ($37.0280 - $40.1900) on Wed. May. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.53% (three month average) |
RSI | 41 |
Latest Price | $39.5900(5.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TNA declines -1.4% 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(90%) XLI(88%) VYM(87%) XHB(86%) XRT(86%) |
Factors Impacting TNA price | TNA will decline at least -2.765% in a week (0% probabilities). VIXM(-60%) UUP(-40%) VXX(-16%) TBT(-14%) 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 | -2.765% (StdDev 5.53%) |
Hourly BBV | 1.5 () |
Intraday Trend | 6.9% |
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