| TNA latest price $96.5300 (3.36%) ($93.7900 - $96.9800) on Tue. Jun. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.52% (three month average) |
RSI | 61 |
Latest Price | $96.5300(3.36%) |
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 4.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally 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 -2.26% in a week (0% probabilities). VIXM(-67%) UUP(-37%) VXX(-23%) TBT(-3%) IGOV(-1%) |
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 | -2.26% (StdDev 4.52%) |
Hourly BBV | 2.2 () |
Intraday Trend | 1.1% |
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