| TNA latest price $66.6800 (3.51%) ($64.4400 - $66.7300) on Thu. Dec. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.5% (three month average) |
RSI | 73 |
Latest Price | $66.6800(3.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.7% a day on average for past five trading days. |
Weekly Trend | TNA advances 8.4% 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%) VFMO(84%) XAR(83%) XLI(82%) XHB(81%) |
Factors Impacting TNA price | TNA will decline at least -2.25% in a week (0% probabilities). VIXM(-65%) UUP(-36%) VXX(-25%) IGOV(-4%) TBT(-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 | -2.25% (StdDev 4.5%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.4% |
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