| TNA latest price $28.8400 (2.67%) ($26.7100 - $28.9900) on Fri. Mar. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.24% (three month average) |
RSI | 29 |
Latest Price | $28.8400(2.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.2% a day on average for past five trading days. |
Weekly Trend | TNA declines -9.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(88%) IWD(88%) IFRA(87%) |
Factors Impacting TNA price | TNA will decline at least -2.12% in a week (0% probabilities). VXX(-58%) VIXM(-49%) UUP(-23%) SHY(-13%) TBT(-11%) |
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 | -2.12% (StdDev 4.24%) |
Hourly BBV | -0.3 () |
Intraday Trend | 5.4% |
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