| TNA latest price $35.2800 (7.99%) ($32.7300 - $35.7100) on Tue. Oct. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.18% (three month average) |
RSI | 52 |
Latest Price | $35.2800(7.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.3% a day on average for past five trading days. |
Weekly Trend | TNA advances 1.7% 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(85%) XHB(84%) |
Factors Impacting TNA price | TNA will decline at least -2.59% in a week (0% probabilities). VIXM(-53%) UUP(-34%) VXX(-16%) TBT(-15%) BNDX(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 | -2.59% (StdDev 5.18%) |
Hourly BBV | 1.5 () |
Intraday Trend | 7.7% |
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