| TNA latest price $45.5300 (8.1%) ($42.6500 - $45.5500) on Fri. May. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.61% (three month average) |
RSI | 64 |
Latest Price | $45.5300(8.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 3.9% a day on average for past five trading days. |
Weekly Trend | TNA advances 4.8% 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 -2.805% in a week (0% probabilities). VIXM(-61%) UUP(-40%) VXX(-16%) TBT(-15%) EDOC(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 | -2.805% (StdDev 5.61%) |
Hourly BBV | 1.4 () |
Intraday Trend | 6.3% |
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