| TNA latest price $29.8200 (3.4%) ($29.1250 - $30.3000) on Mon. Mar. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.26% (three month average) |
RSI | 34 |
Latest Price | $29.8200(3.4%) |
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 -7% 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(98%) IWO(98%) IFRA(87%) IWC(87%) IWD(87%) |
Factors Impacting TNA price | TNA will decline at least -2.13% in a week (0% probabilities). VXX(-56%) VIXM(-47%) UUP(-23%) TBT(-15%) SHY(-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 | -2.13% (StdDev 4.26%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.2% |
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