| TNA latest price $64.0500 (0%) ($61.1500 - $64.0700) on Mon. Mar. 28, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.9% (three month average) |
RSI | 66 |
Latest Price | $64.0500(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.3% a day on average for past five trading days. |
Weekly Trend | TNA advances 6.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(91%) XLI(88%) VYM(87%) XRT(86%) XAR(85%) |
Factors Impacting TNA price | TNA will decline at least -2.45% in a week (0% probabilities). VIXM(-64%) UUP(-40%) VXX(-17%) TBT(-14%) EDOC(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.45% (StdDev 4.9%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.8% |
| |
|
|