| TNA latest price $30.9900 (2.18%) ($29.8400 - $31.0700) on Mon. Apr. 18, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 61 |
Latest Price | $30.9900(2.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.4% a day on average for past five trading days. |
Weekly Trend | TNA advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWM(91%) IWO(89%) VT(89%) IWN(87%) IWC(86%) |
Factors Impacting TNA price | TNA will decline at least -1.96% in a week (0% probabilities). VIXM(-25%) TLT(-20%) UUP(-15%) SHY(-6%) IPO(-4%) |
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 | -1.96% (StdDev 3.92%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
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