| TNA latest price $39.0800 (1.72%) ($37.8300 - $39.2700) on Fri. Oct. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.86% (three month average) |
RSI | 66 |
Latest Price | $39.0800(1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TNA advances 0.9% a week on average for past two weeks. |
Market Behavior | Normal 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 -1.93% in a week (0% probabilities). VIXM(-64%) UUP(-36%) VXX(-25%) EDOC(-8%) TLT(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.93% (StdDev 3.86%) |
Hourly BBV | 1.6 () |
Intraday Trend | -0.1% |
| |
|
|