| TNA latest price $57.8000 (-5.73%) ($57.4100 - $61.2370) on Thu. Feb. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.54% (three month average) |
RSI | 33 |
Latest Price | $57.8000(-5.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.6% a day on average for past five trading days. |
Weekly Trend | TNA declines -6.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(91%) XLI(88%) XRT(87%) XHB(86%) VYM(85%) |
Factors Impacting TNA price | TNA will decline at least -2.27% in a week (0% probabilities). VIXM(-66%) UUP(-40%) VXX(-19%) TBT(-11%) EDOC(6%) |
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 | -2.27% (StdDev 4.54%) |
Hourly BBV | -2 () |
Intraday Trend | -2.1% |
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