| TNA latest price $32.2500 (6.47%) ($29.8200 - $32.5000) on Fri. Oct. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.12% (three month average) |
RSI | 54 |
Latest Price | $32.2500(6.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.9% a day on average for past five trading days. |
Weekly Trend | TNA declines -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(87%) XRT(87%) VYM(86%) XLI(86%) XHB(84%) |
Factors Impacting TNA price | TNA will decline at least -2.56% in a week (0% probabilities). VIXM(-54%) UUP(-35%) VXX(-16%) TBT(-15%) EDOC(-1%) |
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 | -2.56% (StdDev 5.12%) |
Hourly BBV | 1.4 () |
Intraday Trend | 5.9% |
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