| TNA latest price $30.1800 (6.76%) ($28.2000 - $30.3150) on Wed. May. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 54 |
Latest Price | $30.1800(6.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.5% a day on average for past five trading days. |
Weekly Trend | TNA declines -0.2% 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(98%) IWO(98%) IFRA(89%) IWD(87%) IWC(86%) |
Factors Impacting TNA price | TNA will decline at least -2.005% in a week (0% probabilities). VXX(-50%) VIXM(-42%) UUP(-29%) TBT(-27%) IGOV(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 | -2.005% (StdDev 4.01%) |
Hourly BBV | 1.7 () |
Intraday Trend | 4.8% |
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