| TNA latest price $107.5500 (2.21%) ($104.1800 - $107.9400) on Fri. Mar. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 57 |
Latest Price | $107.5500(2.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 4.3% a day on average for past five trading days. |
Weekly Trend | TNA advances 3.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(88%) XRT(86%) VFMO(84%) XAR(83%) XLI(83%) |
Factors Impacting TNA price | TNA will decline at least -2.3% in a week (0% probabilities). VIXM(-66%) UUP(-37%) VXX(-24%) IGOV(-4%) TBT(-3%) |
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 | -2.3% (StdDev 4.6%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.4% |
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