| TNA latest price $29.5500 (3.65%) ($28.5700 - $29.9850) on Mon. May. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.89% (three month average) |
RSI | 53 |
Latest Price | $29.5500(3.65%) |
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 -0.4% 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(89%) IWD(87%) IWC(86%) |
Factors Impacting TNA price | TNA will decline at least -1.945% in a week (0% probabilities). VXX(-50%) VIXM(-42%) UUP(-29%) TBT(-27%) EDOC(6%) |
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 | -1.945% (StdDev 3.89%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.7% |
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