| TNA latest price $56.0100 (3.88%) ($54.0800 - $56.4000) on Mon. Sep. 9, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.49% (three month average) |
RSI | 52 |
Latest Price | $56.0100(3.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.2% a day on average for past five trading days. |
Weekly Trend | TNA advances 0.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(90%) IWM(88%) XAR(87%) XLI(87%) IWO(86%) |
Factors Impacting TNA price | TNA will decline at least -1.745% in a week (0% probabilities). VIXM(-69%) VXX(-33%) UUP(-21%) TLT(-16%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.745% (StdDev 3.49%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
| |
|
|