| TNA latest price $94.0300 (0.58%) ($91.9000 - $95.1600) on Fri. Apr. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.84% (three month average) |
RSI | 57 |
Latest Price | $94.0300(0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.6% a day on average for past five trading days. |
Weekly Trend | TNA advances 2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(89%) XRT(86%) VFMO(85%) XLI(84%) XAR(83%) |
Factors Impacting TNA price | TNA will decline at least -2.42% in a week (0% probabilities). VIXM(-67%) UUP(-37%) VXX(-23%) 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 | -2.42% (StdDev 4.84%) |
Hourly BBV | 1.4 () |
Intraday Trend | -0.8% |
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