| TNA latest price $31.5200 (-4.08%) ($30.9500 - $32.5450) on Mon. Jun. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.12% (three month average) |
RSI | 57 |
Latest Price | $31.5200(-4.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 1.3% a week on average for past two weeks. |
Market Behavior | Normal 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(89%) IWD(87%) PAVE(87%) |
Factors Impacting TNA price | TNA will decline at least -2.06% in a week (0% probabilities). VXX(-49%) VIXM(-41%) UUP(-29%) TBT(-29%) BLOK(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 | -2.06% (StdDev 4.12%) |
Hourly BBV | 0.3 () |
Intraday Trend | -3.1% |
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