| TNA latest price $28.5400 (1.17%) ($28.4300 - $30.1560) on Wed. May. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.88% (three month average) |
RSI | 36 |
Latest Price | $28.5400(1.17%) |
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 -4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWN(99%) IWO(98%) IFRA(88%) IWC(87%) IWD(87%) |
Factors Impacting TNA price | TNA will decline at least -1.94% in a week (0% probabilities). VXX(-54%) VIXM(-45%) UUP(-28%) TBT(-22%) BNDX(1%) |
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 | -1.94% (StdDev 3.88%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0.2% |
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