| TNA latest price $28.7100 (-2.41%) ($28.2400 - $29.0890) on Thu. May. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.88% (three month average) |
RSI | 39 |
Latest Price | $28.7100(-2.41%) |
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 | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWN(98%) IWO(98%) IFRA(88%) IWD(88%) IWC(86%) |
Factors Impacting TNA price | TNA will decline at least -1.94% in a week (0% probabilities). VXX(-53%) VIXM(-44%) UUP(-28%) TBT(-24%) BNDX(3%) |
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 | -0.8 () |
Intraday Trend | -0.3% |
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