| TNA latest price $35.8300 (-0.03%) ($35.7100 - $37.5800) on Thu. Oct. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.11% (three month average) |
RSI | 65 |
Latest Price | $35.8300(-0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 3.3% a day on average for past five trading days. |
Weekly Trend | TNA advances 6.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) XRT(87%) VT(86%) VYM(86%) XLI(85%) XHB(84%) |
Factors Impacting TNA price | TNA will decline at least -2.555% in a week (0% probabilities). VIXM(-53%) UUP(-33%) 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 | -2.555% (StdDev 5.11%) |
Hourly BBV | -0.3 () |
Intraday Trend | -2.6% |
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