| TNA latest price $26.6300 (-2.77%) ($26.3400 - $28.2150) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.4% (three month average) |
RSI | 63 |
Latest Price | $26.6300(-2.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.4% a day on average for past five trading days. |
Weekly Trend | TNA declines -0.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(87%) XAR(83%) XLI(83%) VFMO(81%) VYM(81%) |
Factors Impacting TNA price | TNA will decline at least -4.2% in a week (0% probabilities). VIXM(-63%) UUP(-36%) VXX(-25%) TLT(-2%) XLC(0%) |
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 | -4.2% (StdDev 8.4%) |
Hourly BBV | 0.4 () |
Intraday Trend | -3.9% |
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