| TNA latest price $39.9900 (8.58%) ($37.9000 - $40.3900) on Thu. Nov. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.21% (three month average) |
RSI | 52 |
Latest Price | $39.9900(8.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 3.8% a day on average for past five trading days. |
Weekly Trend | TNA declines -2.1% 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 -2.105% in a week (0% probabilities). VIXM(-64%) UUP(-36%) VXX(-25%) EDOC(-9%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.105% (StdDev 4.21%) |
Hourly BBV | 1.6 () |
Intraday Trend | 5.3% |
| |
|
|