| TNA latest price $37.9300 (10.49%) ($35.5800 - $38.0800) on Tue. Jul. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.09% (three month average) |
RSI | 59 |
Latest Price | $37.9300(10.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.5% a day on average for past five trading days. |
Weekly Trend | TNA advances 1.1% 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(89%) XLI(88%) VYM(87%) XRT(86%) XHB(85%) |
Factors Impacting TNA price | TNA will decline at least -3.045% in a week (0% probabilities). VIXM(-57%) UUP(-41%) TBT(-17%) VXX(-16%) 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 | -3.045% (StdDev 6.09%) |
Hourly BBV | 1.5 () |
Intraday Trend | 6.4% |
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