| TNA latest price $27.3000 (3.14%) ($25.2900 - $27.3600) on Mon. Jun. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.47% (three month average) |
RSI | 53 |
Latest Price | $27.3000(3.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.5% a day on average for past five trading days. |
Weekly Trend | TNA declines -5.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(87%) XAR(83%) XLI(83%) VFMO(81%) VYM(81%) |
Factors Impacting TNA price | TNA will decline at least -4.735% in a week (0% probabilities). VIXM(-63%) UUP(-36%) VXX(-25%) TLT(-3%) XLC(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.735% (StdDev 9.47%) |
Hourly BBV | 0.4 () |
Intraday Trend | 4.6% |
| |
|
|