| TNA latest price $66.0900 (5.74%) ($63.9100 - $66.0900) on Wed. Feb. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.64% (three month average) |
RSI | 55 |
Latest Price | $66.0900(5.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.6% a day on average for past five trading days. |
Weekly Trend | TNA advances 1.3% 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(91%) XLI(88%) XRT(87%) XHB(86%) VYM(85%) |
Factors Impacting TNA price | TNA will decline at least -2.32% 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 | -2.32% (StdDev 4.64%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3% |
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