| TNA latest price $34.6100 (-5.57%) ($34.5000 - $38.1100) on Tue. Jun. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.02% (three month average) |
RSI | 30 |
Latest Price | $34.6100(-5.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.5% a day on average for past five trading days. |
Weekly Trend | TNA declines -8.8% 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(89%) VYM(87%) XLI(87%) XRT(86%) XHB(85%) |
Factors Impacting TNA price | TNA will decline at least -3.01% in a week (0% probabilities). VIXM(-58%) UUP(-41%) VXX(-16%) TBT(-15%) EDOC(3%) |
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 | -3.01% (StdDev 6.02%) |
Hourly BBV | -1.7 () |
Intraday Trend | -7.3% |
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