| TNA latest price $38.3700 (-4.84%) ($37.4350 - $40.8500) on Fri. Jul. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.03% (three month average) |
RSI | 63 |
Latest Price | $38.3700(-4.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2% a day on average for past five trading days. |
Weekly Trend | TNA advances 5% a week on average for past two weeks. |
Market Behavior | Growth stock 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%) XLI(88%) VYM(87%) XRT(86%) XHB(85%) |
Factors Impacting TNA price | TNA will decline at least -3.015% in a week (0% probabilities). VIXM(-57%) UUP(-41%) TBT(-18%) VXX(-16%) 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 | -3.015% (StdDev 6.03%) |
Hourly BBV | -1.7 () |
Intraday Trend | -5.5% |
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