| TNA latest price $34.3300 (-0.95%) ($34.0170 - $36.5500) on Mon. Jul. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.99% (three month average) |
RSI | 42 |
Latest Price | $34.3300(-0.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TNA declines -0.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(89%) XLI(88%) VYM(87%) XRT(86%) XHB(85%) |
Factors Impacting TNA price | TNA will decline at least -2.995% in a week (0% probabilities). VIXM(-57%) UUP(-41%) TBT(-17%) VXX(-16%) EDOC(-6%) |
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 | -2.995% (StdDev 5.99%) |
Hourly BBV | 0.3 () |
Intraday Trend | -4.2% |
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