| TNA latest price $29.6900 (3.2%) ($28.4200 - $29.7600) on Mon. Jul. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.08% (three month average) |
RSI | 64 |
Latest Price | $29.6900(3.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.6% a day on average for past five trading days. |
Weekly Trend | TNA advances 7% 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%) XLI(83%) XAR(82%) VFMO(81%) VYM(81%) |
Factors Impacting TNA price | TNA will decline at least -3.54% in a week (0% probabilities). VIXM(-63%) UUP(-36%) VXX(-25%) IGOV(-3%) XLC(-2%) |
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 | -3.54% (StdDev 7.08%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
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