| TNA latest price $60.5900 (-3.72%) ($59.2400 - $63.6800) on Thu. Mar. 3, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.87% (three month average) |
RSI | 48 |
Latest Price | $60.5900(-3.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.9% a day on average for past five trading days. |
Weekly Trend | TNA declines -1.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock 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%) VYM(86%) XHB(86%) |
Factors Impacting TNA price | TNA will decline at least -2.435% in a week (0% probabilities). VIXM(-65%) UUP(-40%) VXX(-18%) TBT(-13%) EDOC(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.435% (StdDev 4.87%) |
Hourly BBV | -0.8 () |
Intraday Trend | -4.9% |
| |
|
|