| TNA latest price $32.3500 (3.92%) ($31.6300 - $32.9210) on Wed. Jan. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.02% (three month average) |
RSI | 40 |
Latest Price | $32.3500(3.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.3% a day on average for past five trading days. |
Weekly Trend | TNA declines -4.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) XRT(85%) XLI(84%) VT(83%) VYM(83%) XHB(83%) |
Factors Impacting TNA price | TNA will decline at least -2.51% in a week (0% probabilities). VIXM(-53%) UUP(-24%) VXX(-17%) TBT(-10%) CEMB(-7%) |
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 | -2.51% (StdDev 5.02%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.7% |
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