| TNA latest price $87.8400 (1.81%) ($85.6900 - $88.1300) on Mon. Aug. 6, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 49 |
Latest Price | $87.8400(1.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.1% a day on average for past five trading days. |
Weekly Trend | TNA declines -1.8% 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(90%) VT(90%) IWO(88%) XLI(87%) IWN(86%) |
Factors Impacting TNA price | TNA will decline at least -1.01% in a week (0% probabilities). VXX(-26%) UUP(-18%) TLT(-18%) VIXM(-17%) SHY(-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 | -1.01% (StdDev 2.02%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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