| TNA latest price $93.3700 (0.76%) ($91.7300 - $94.6500) on Thu. Oct. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.15% (three month average) |
RSI | 63 |
Latest Price | $93.3700(0.76%) |
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 3.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(90%) XLI(86%) XRT(86%) VFMO(84%) XHB(84%) |
Factors Impacting TNA price | TNA will decline at least -1.575% in a week (0% probabilities). VIXM(-67%) UUP(-37%) VXX(-21%) TBT(-7%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.575% (StdDev 3.15%) |
Hourly BBV | 1 () |
Intraday Trend | 1% |
| |
|
|