| TNA latest price $34.6100 (-2.37%) ($34.3100 - $35.5300) on Fri. Jun. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.13% (three month average) |
RSI | 64 |
Latest Price | $34.6100(-2.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1% a day on average for past five trading days. |
Weekly Trend | TNA advances 7.3% 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 -2.065% in a week (0% probabilities). VXX(-50%) VIXM(-41%) UUP(-29%) TBT(-29%) 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 | -2.065% (StdDev 4.13%) |
Hourly BBV | -1.6 () |
Intraday Trend | -2.2% |
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