| TNA latest price $36.3300 (-0.03%) ($35.0900 - $37.1700) on Fri. Jul. 8, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6% (three month average) |
RSI | 72 |
Latest Price | $36.3300(-0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(89%) VYM(87%) XLI(87%) XRT(86%) XHB(85%) |
Factors Impacting TNA price | TNA will decline at least -3% in a week (0% probabilities). VIXM(-57%) UUP(-41%) VXX(-16%) TBT(-16%) TLT(18%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3% (StdDev 6%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1% |
| |
|
|