| TNA latest price $46.2000 (7.12%) ($43.0200 - $46.2400) on Thu. Jun. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.59% (three month average) |
RSI | 68 |
Latest Price | $46.2000(7.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 3.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 7.1% 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 -2.795% in a week (0% probabilities). VIXM(-60%) UUP(-40%) VXX(-16%) TBT(-16%) EDOC(14%) |
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 | -2.795% (StdDev 5.59%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.7% |
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