| TNA latest price $34.4700 (-3.45%) ($34.2700 - $35.2800) on Wed. Jul. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 47 |
Latest Price | $34.4700(-3.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.7% a day on average for past five trading days. |
Weekly Trend | TNA declines -0.3% 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(88%) PAVE(87%) |
Factors Impacting TNA price | TNA will decline at least -1.75% in a week (0% probabilities). VXX(-51%) VIXM(-41%) TBT(-37%) UUP(-36%) EDOC(-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 | -1.75% (StdDev 3.5%) |
Hourly BBV | -1.1 () |
Intraday Trend | -2.2% |
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