| TNA latest price $38.5700 (0.52%) ($38.0610 - $39.7960) on Tue. Nov. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.15% (three month average) |
RSI | 72 |
Latest Price | $38.5700(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.8% a day on average for past five trading days. |
Weekly Trend | TNA advances 10% 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) VT(86%) VYM(86%) XRT(86%) XLI(85%) XHB(84%) |
Factors Impacting TNA price | TNA will decline at least -2.575% in a week (0% probabilities). VIXM(-53%) UUP(-33%) VXX(-16%) TBT(-15%) EDOC(3%) |
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 | -2.575% (StdDev 5.15%) |
Hourly BBV | 0.6 () |
Intraday Trend | -2.5% |
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