| TNA latest price $36.8100 (-8.32%) ($36.3850 - $39.5100) on Mon. Dec. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.69% (three month average) |
RSI | 47 |
Latest Price | $36.8100(-8.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TNA advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -2.845% in a week (0% probabilities). VIXM(-54%) UUP(-26%) VXX(-17%) TBT(-11%) EDOC(-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 | -2.845% (StdDev 5.69%) |
Hourly BBV | -1.9 () |
Intraday Trend | -6.6% |
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