| TNA latest price $47.8200 (2.66%) ($45.7100 - $48.5500) on Tue. May. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.93% (three month average) |
RSI | 40 |
Latest Price | $47.8200(2.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TNA declines -9.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(91%) XLI(88%) VYM(87%) XRT(87%) XHB(86%) |
Factors Impacting TNA price | TNA will decline at least -2.465% in a week (0% probabilities). VIXM(-63%) UUP(-39%) VXX(-17%) TBT(-14%) TLT(14%) |
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 | -2.465% (StdDev 4.93%) |
Hourly BBV | 0.9 () |
Intraday Trend | 2.6% |
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