| TNA latest price $36.2500 (3.42%) ($35.3100 - $36.8300) on Tue. Jun. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.94% (three month average) |
RSI | 65 |
Latest Price | $36.2500(3.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.3% a day on average for past five trading days. |
Weekly Trend | TNA advances 9.4% 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(88%) IWD(87%) XRT(87%) |
Factors Impacting TNA price | TNA will decline at least -1.97% in a week (0% probabilities). VXX(-49%) VIXM(-40%) UUP(-33%) TBT(-32%) 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 | -1.97% (StdDev 3.94%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.3% |
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