| TNA latest price $86.1700 (4.98%) ($80.5600 - $86.9100) on Tue. Mar. 30, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.23% (three month average) |
RSI | 43 |
Latest Price | $86.1700(4.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TNA declines -10.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -2.615% in a week (0% probabilities). VIXM(-66%) UUP(-37%) VXX(-24%) TBT(-3%) TLT(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.615% (StdDev 5.23%) |
Hourly BBV | 0.5 () |
Intraday Trend | 5.2% |
| |
|
|