| TNA latest price $69.3700 (-0.26%) ($68.3850 - $70.3300) on Thu. Dec. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 78 |
Latest Price | $69.3700(-0.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TNA advances 6.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(87%) VFMO(84%) XAR(83%) XLI(83%) XHB(81%) |
Factors Impacting TNA price | TNA will decline at least -2.035% in a week (0% probabilities). VIXM(-65%) UUP(-36%) VXX(-25%) TBT(-2%) EDOC(-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 | -2.035% (StdDev 4.07%) |
Hourly BBV | -2.4 () |
Intraday Trend | -1.3% |
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