| TNA latest price $26.5100 (4.78%) ($24.7900 - $26.5700) on Tue. Jul. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.52% (three month average) |
RSI | 48 |
Latest Price | $26.5100(4.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.4% a day on average for past five trading days. |
Weekly Trend | TNA advances 0.1% 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(87%) XAR(83%) XLI(83%) VFMO(81%) VYM(81%) |
Factors Impacting TNA price | TNA will decline at least -3.76% in a week (0% probabilities). VIXM(-62%) UUP(-36%) VXX(-25%) TLT(-2%) XLC(-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 | -3.76% (StdDev 7.52%) |
Hourly BBV | -0.3 () |
Intraday Trend | 5.2% |
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