| TNA latest price $48.0900 (-4.22%) ($47.9800 - $51.2200) on Wed. Nov. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.61% (three month average) |
RSI | 78 |
Latest Price | $48.0900(-4.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1% a day on average for past five trading days. |
Weekly Trend | TNA advances 16.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -2.305% in a week (0% probabilities). VIXM(-64%) UUP(-36%) VXX(-25%) EDOC(-10%) TBT(-1%) |
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 | -2.305% (StdDev 4.61%) |
Hourly BBV | -0.2 () |
Intraday Trend | -4.9% |
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