| TNA latest price $36.5600 (2.73%) ($35.4200 - $36.7700) on Tue. Jul. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.59% (three month average) |
RSI | 56 |
Latest Price | $36.5600(2.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.5% a day on average for past five trading days. |
Weekly Trend | TNA advances 2.3% 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(89%) IWD(89%) PAVE(87%) |
Factors Impacting TNA price | TNA will decline at least -1.795% in a week (0% probabilities). VXX(-51%) VIXM(-42%) TBT(-39%) UUP(-36%) EDOC(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 | -1.795% (StdDev 3.59%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.9% |
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