| TNA latest price $33.4900 (-3.24%) ($32.4680 - $34.7100) on Wed. Jun. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.92% (three month average) |
RSI | 31 |
Latest Price | $33.4900(-3.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.9% a day on average for past five trading days. |
Weekly Trend | TNA declines -4.9% a week on average for past two weeks. |
Market Behavior | Normal 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 -2.96% 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 | -2.96% (StdDev 5.92%) |
Hourly BBV | -1.2 () |
Intraday Trend | -3.2% |
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