| TNA latest price $38.6500 (-0.41%) ($38.2700 - $39.2700) on Tue. Jan. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.76% (three month average) |
RSI | 72 |
Latest Price | $38.6500(-0.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.8% a day on average for past five trading days. |
Weekly Trend | TNA advances 10.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWN(99%) IWO(98%) IWC(89%) IWD(89%) PAVE(87%) |
Factors Impacting TNA price | TNA will decline at least -2.38% in a week (0% probabilities). VIXM(-53%) UUP(-21%) VXX(-17%) SHY(-15%) TBT(-9%) |
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 | -2.38% (StdDev 4.76%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.4% |
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