| TNA latest price $45.6200 (-4.48%) ($44.9110 - $47.6400) on Wed. Jun. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.54% (three month average) |
RSI | 69 |
Latest Price | $45.6200(-4.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 9.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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(87%) XHB(86%) |
Factors Impacting TNA price | TNA will decline at least -2.77% in a week (0% probabilities). VIXM(-60%) UUP(-40%) TBT(-17%) VXX(-16%) EDOC(12%) |
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 | -2.77% (StdDev 5.54%) |
Hourly BBV | -0.9 () |
Intraday Trend | -3.1% |
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