| TNA latest price $61.6500 (-3.7%) ($61.3500 - $63.9400) on Thu. Jul. 25, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 43 |
Latest Price | $61.6500(-3.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TNA declines -0.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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 -1.51% in a week (0% probabilities). VIXM(-69%) VXX(-33%) UUP(-20%) TLT(-17%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.51% (StdDev 3.02%) |
Hourly BBV | 0 () |
Intraday Trend | -3.6% |
| |
|
|