| TNA latest price $60.7400 (-2.69%) ($60.4000 - $62.2400) on Fri. Jun. 21, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 78 |
Latest Price | $60.7400(-2.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1% a day on average for past five trading days. |
Weekly Trend | TNA advances 4.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(90%) IWM(89%) IWO(87%) XAR(87%) XLI(87%) |
Factors Impacting TNA price | TNA will decline at least -1.62% in a week (0% probabilities). VXX(-33%) UUP(-20%) TLT(-17%) IGOV(-2%) SHY(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.62% (StdDev 3.24%) |
Hourly BBV | 0 () |
Intraday Trend | -2.4% |
| |
|
|