| TNA latest price $38.1200 (5.04%) ($35.7750 - $38.1400) on Thu. Jan. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.03% (three month average) |
RSI | 68 |
Latest Price | $38.1200(5.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 4% a day on average for past five trading days. |
Weekly Trend | TNA advances 6.2% 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) IWN(99%) IWO(98%) IWC(90%) IWD(89%) IFRA(87%) |
Factors Impacting TNA price | TNA will decline at least -2.515% in a week (0% probabilities). VIXM(-53%) UUP(-23%) VXX(-17%) SHY(-13%) TBT(-10%) |
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 | -2.515% (StdDev 5.03%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.8% |
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