| TNA latest price $63.0800 (-0.97%) ($61.5000 - $64.2800) on Wed. Nov. 20, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 70 |
Latest Price | $63.0800(-0.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 0.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(88%) XAR(87%) XLI(87%) IWO(86%) |
Factors Impacting TNA price | TNA will decline at least -1.425% 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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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