| TNA latest price $30.4000 (-0.91%) ($28.8800 - $30.5700) on Thu. Jul. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.76% (three month average) |
RSI | 68 |
Latest Price | $30.4000(-0.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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%) XLI(83%) XAR(82%) VFMO(81%) VYM(81%) |
Factors Impacting TNA price | TNA will decline at least -3.38% in a week (0% probabilities). VIXM(-63%) UUP(-36%) VXX(-25%) XLC(-2%) TLT(-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 | -3.38% (StdDev 6.76%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3.4% |
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