| TNA latest price $23.2300 (11.36%) ($21.7000 - $23.3400) on Fri. May. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.18% (three month average) |
RSI | 65 |
Latest Price | $23.2300(11.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 3.4% a day on average for past five trading days. |
Weekly Trend | TNA advances 6.7% 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(87%) XAR(84%) XLI(84%) IWM(83%) VYM(83%) |
Factors Impacting TNA price | TNA will decline at least -6.09% in a week (0% probabilities). VIXM(-65%) UUP(-35%) VXX(-27%) TLT(-6%) IGOV(5%) |
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 | -6.09% (StdDev 12.18%) |
Hourly BBV | 1.7 () |
Intraday Trend | 4.9% |
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