| TNA latest price $93.3900 (-0.11%) ($92.6500 - $95.2600) on Fri. May. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.69% (three month average) |
RSI | 58 |
Latest Price | $93.3900(-0.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.5% a day on average for past five trading days. |
Weekly Trend | TNA advances 3.7% a week on average for past two weeks. |
Market Behavior | Normal 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 -2.345% in a week (0% probabilities). VIXM(-67%) UUP(-37%) VXX(-23%) TBT(-3%) IGOV(-0%) |
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 | -2.345% (StdDev 4.69%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1.8% |
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