| TNA latest price $87.8600 (5.37%) ($84.6900 - $87.9700) on Wed. Jul. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.72% (three month average) |
RSI | 40 |
Latest Price | $87.8600(5.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TNA declines -7.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(89%) XRT(86%) XLI(85%) VFMO(84%) VYM(83%) |
Factors Impacting TNA price | TNA will decline at least -1.86% in a week (0% probabilities). VIXM(-67%) UUP(-37%) VXX(-22%) TBT(-4%) 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 | -1.86% (StdDev 3.72%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3.5% |
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