| TNA latest price $63.1500 (0.81%) ($62.6600 - $64.5200) on Fri. Mar. 15, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.81% (three month average) |
RSI | 37 |
Latest Price | $63.1500(0.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.2% a day on average for past five trading days. |
Weekly Trend | TNA declines -2.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWM(89%) VT(89%) IWO(87%) XAR(87%) XLI(87%) |
Factors Impacting TNA price | TNA will decline at least -1.905% in a week (0% probabilities). VXX(-25%) UUP(-20%) TLT(-17%) VIXM(-13%) XHB(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.905% (StdDev 3.81%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
| |
|
|