| TNA latest price $42.3100 (-1.4%) ($41.3900 - $43.1400) on Mon. Aug. 3, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 31 |
Latest Price | $42.3100(-1.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TNA declines -4.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWM(91%) VT(89%) VYM(85%) XAR(85%) XLI(84%) |
Factors Impacting TNA price | TNA will decline at least -1.125% in a week (0% probabilities). VIXM(-29%) TLT(-22%) UUP(-11%) SHY(-7%) IGOV(-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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
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