| TNA latest price $35.0000 (3.73%) ($33.8000 - $35.2500) on Thu. Jun. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.57% (three month average) |
RSI | 45 |
Latest Price | $35.0000(3.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.1% a day on average for past five trading days. |
Weekly Trend | TNA declines -3.4% 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(88%) XRT(87%) |
Factors Impacting TNA price | TNA will decline at least -1.785% in a week (0% probabilities). VXX(-50%) VIXM(-41%) UUP(-36%) TBT(-36%) EDOC(-10%) |
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 | -1.785% (StdDev 3.57%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.2% |
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