| TNA latest price $73.2400 (4.61%) ($71.2000 - $73.5350) on Wed. Feb. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 48 |
Latest Price | $73.2400(4.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.2% a day on average for past five trading days. |
Weekly Trend | TNA declines -4.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(90%) IWM(88%) XAR(88%) XLI(88%) IWO(86%) |
Factors Impacting TNA price | TNA will decline at least -1.035% 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 | -1.035% (StdDev 2.07%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.5% |
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