| TNA latest price $105.4400 (2.45%) ($98.7100 - $106.0000) on Wed. Mar. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.61% (three month average) |
RSI | 64 |
Latest Price | $105.4400(2.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.3% 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 | Value stock 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(88%) XRT(86%) VFMO(85%) XAR(83%) XLI(83%) |
Factors Impacting TNA price | TNA will decline at least -2.305% 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 | -2.305% (StdDev 4.61%) |
Hourly BBV | 0.2 () |
Intraday Trend | 4.6% |
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