| TNA latest price $40.2900 (4.35%) ($39.3250 - $41.4900) on Tue. Nov. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.7% (three month average) |
RSI | 61 |
Latest Price | $40.2900(4.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.4% a day on average for past five trading days. |
Weekly Trend | TNA advances 1.5% 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(86%) VYM(86%) XLI(86%) XRT(86%) XHB(84%) |
Factors Impacting TNA price | TNA will decline at least -2.85% in a week (0% probabilities). VIXM(-53%) UUP(-32%) VXX(-16%) TBT(-15%) JETS(12%) |
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 | -2.85% (StdDev 5.7%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.3% |
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