| TNA latest price $34.0500 (8.03%) ($31.2100 - $34.3800) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.21% (three month average) |
RSI | 68 |
Latest Price | $34.0500(8.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.9% a day on average for past five trading days. |
Weekly Trend | TNA advances 2.4% 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%) PAVE(87%) |
Factors Impacting TNA price | TNA will decline at least -2.105% in a week (0% probabilities). VXX(-49%) VIXM(-41%) UUP(-29%) TBT(-29%) EDOC(-11%) |
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 | -2.105% (StdDev 4.21%) |
Hourly BBV | 1.7 () |
Intraday Trend | 9% |
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