| TNA latest price $61.3700 (1.1%) ($60.1800 - $61.9000) on Tue. Oct. 29, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.58% (three month average) |
RSI | 88 |
Latest Price | $61.3700(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1% a day on average for past five trading days. |
Weekly Trend | TNA advances 5.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -1.79% in a week (0% probabilities). VIXM(-69%) VXX(-32%) UUP(-21%) TLT(-15%) IGOV(-1%) |
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 | -1.79% (StdDev 3.58%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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