| TNA latest price $41.8000 (0.58%) ($40.4600 - $42.0100) on Fri. Feb. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 62 |
Latest Price | $41.8000(0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TNA declines -1% a week on average for past two weeks. |
Market Behavior | Normal 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(88%) SDY(87%) |
Factors Impacting TNA price | TNA will decline at least -1.9% in a week (0% probabilities). VIXM(-52%) UUP(-20%) SHY(-18%) VXX(-17%) BNDX(-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 | -1.9% (StdDev 3.8%) |
Hourly BBV | -0.1 () |
Intraday Trend | 1.8% |
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