| TNA latest price $53.7900 (-1.81%) ($53.7000 - $55.0500) on Mon. Jun. 5, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.49% (three month average) |
RSI | 50 |
Latest Price | $53.7900(-1.81%) |
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 1.5% a week on average for past two weeks. |
Market Behavior | Normal 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(90%) VT(89%) IWO(88%) IWN(87%) IWC(86%) |
Factors Impacting TNA price | TNA will decline at least -1.245% in a week (0% probabilities). VIXM(-21%) TLT(-19%) UUP(-17%) SHY(-5%) IGOV(-3%) |
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 | -1.245% (StdDev 2.49%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
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