| TNA latest price $83.5900 (-4.86%) ($82.5300 - $87.1700) on Thu. Jul. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.77% (three month average) |
RSI | 34 |
Latest Price | $83.5900(-4.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.1% a day on average for past five trading days. |
Weekly Trend | TNA declines -6.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off 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 -1.885% 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 | -1.885% (StdDev 3.77%) |
Hourly BBV | -0.4 () |
Intraday Trend | -4% |
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