| TNA latest price $33.0200 (-2.94%) ($33.0200 - $34.1700) on Wed. Dec. 30, 2015. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.36% (three month average) |
| RSI | 51 |
| Latest Price | $33.0200(-2.94%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | TNA advances 0.6% a day on average for past five trading days. |
| Weekly Trend | TNA advances 2.6% 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)
IWM(91%) IWO(89%) VT(89%) IWN(88%) VYM(85%) |
| Factors Impacting TNA price | TNA will decline at least -1.68% in a week (0% probabilities).
VIXM(-27%) TLT(-21%) UUP(-14%) SHY(-6%) IGOV(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.68% (StdDev 3.36%) |
| Hourly BBV | 0 () |
| Intraday Trend | -2.7% |
| | |
| |
|