| TNA latest price $102.9200 (-5.06%) ($101.0000 - $107.8200) on Tue. Mar. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.62% (three month average) |
RSI | 52 |
Latest Price | $102.9200(-5.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.8% a day on average for past five trading days. |
Weekly Trend | TNA advances 6.7% a week on average for past two weeks. |
Market Behavior | Value stocks 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(88%) XRT(86%) VFMO(85%) XAR(83%) XLI(83%) |
Factors Impacting TNA price | TNA will decline at least -2.31% in a week (0% probabilities). VIXM(-66%) UUP(-37%) VXX(-24%) IGOV(-5%) 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 | -2.31% (StdDev 4.62%) |
Hourly BBV | -2.1 () |
Intraday Trend | -4.3% |
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