| TNA latest price $81.4400 (-4.42%) ($78.4300 - $83.3090) on Fri. Jan. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.37% (three month average) |
RSI | 65 |
Latest Price | $81.4400(-4.42%) |
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 10.5% 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%) VFMO(84%) XAR(83%) XLI(83%) VYM(81%) |
Factors Impacting TNA price | TNA will decline at least -2.185% in a week (0% probabilities). VIXM(-65%) UUP(-36%) VXX(-24%) TBT(-2%) TLT(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 | -2.185% (StdDev 4.37%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.1% |
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