| TNA latest price $42.5500 (4.19%) ($39.7600 - $42.6900) on Thu. Jul. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.96% (three month average) |
RSI | 64 |
Latest Price | $42.5500(4.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 8% 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 -2.98% in a week (0% probabilities). VIXM(-57%) UUP(-41%) TBT(-17%) VXX(-16%) EDOC(-8%) |
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 | -2.98% (StdDev 5.96%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.6% |
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