| TNA latest price $33.4000 (0%) ($32.8830 - $33.8700) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.57% (three month average) |
RSI | 67 |
Latest Price | $33.4000(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.9% a day on average for past five trading days. |
Weekly Trend | TNA advances 3.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -3.285% 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 | -3.285% (StdDev 6.57%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.2% |
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