| TNA latest price $37.5400 (-2.95%) ($36.7800 - $38.6000) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.58% (three month average) |
RSI | 73 |
Latest Price | $37.5400(-2.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2% a day on average for past five trading days. |
Weekly Trend | TNA advances 6.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(89%) PAVE(87%) |
Factors Impacting TNA price | TNA will decline at least -1.79% in a week (0% probabilities). VXX(-51%) VIXM(-42%) TBT(-39%) UUP(-36%) EDOC(9%) |
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 | -1.79% (StdDev 3.58%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2.8% |
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