| TNA latest price $39.7400 (8.14%) ($35.7800 - $39.7800) on Wed. Nov. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.61% (three month average) |
RSI | 69 |
Latest Price | $39.7400(8.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.7% a day on average for past five trading days. |
Weekly Trend | TNA declines -0.1% 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(85%) VYM(85%) XLI(85%) XRT(85%) VFMO(83%) |
Factors Impacting TNA price | TNA will decline at least -2.805% in a week (0% probabilities). VIXM(-54%) UUP(-26%) VXX(-17%) TBT(-11%) CEMB(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 | -2.805% (StdDev 5.61%) |
Hourly BBV | 2.7 () |
Intraday Trend | 7.6% |
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