| TNA latest price $37.1100 (6.7%) ($36.0600 - $37.4480) on Wed. Oct. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.14% (three month average) |
RSI | 58 |
Latest Price | $37.1100(6.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 3.9% a day on average for past five trading days. |
Weekly Trend | TNA advances 7.2% 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(82%) VYM(81%) |
Factors Impacting TNA price | TNA will decline at least -2.07% in a week (0% probabilities). VIXM(-64%) UUP(-36%) VXX(-25%) EDOC(-8%) IGOV(-3%) |
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 | -2.07% (StdDev 4.14%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.7% |
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