| TNA latest price $36.1400 (9.02%) ($33.7500 - $36.2000) on Fri. Jun. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.98% (three month average) |
RSI | 36 |
Latest Price | $36.1400(9.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 4% a day on average for past five trading days. |
Weekly Trend | TNA declines -15.2% 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(89%) VYM(87%) XLI(87%) XRT(87%) XHB(85%) |
Factors Impacting TNA price | TNA will decline at least -2.99% in a week (0% probabilities). VIXM(-59%) UUP(-38%) VXX(-16%) TBT(-15%) EDOC(7%) |
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 | -2.99% (StdDev 5.98%) |
Hourly BBV | 1.5 () |
Intraday Trend | 6.5% |
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