| TNA latest price $35.6600 (-0.67%) ($35.3000 - $36.5600) on Thu. Aug. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.12% (three month average) |
RSI | 77 |
Latest Price | $35.6600(-0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.3% a day on average for past five trading days. |
Weekly Trend | TNA advances 9.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth 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 -3.06% in a week (0% probabilities). VIXM(-63%) UUP(-36%) VXX(-25%) EDOC(-5%) 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 | -3.06% (StdDev 6.12%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0.4% |
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