| TNA latest price $40.1600 (3.75%) ($38.6600 - $40.3800) on Tue. Jul. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.59% (three month average) |
RSI | 73 |
Latest Price | $40.1600(3.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.9% a day on average for past five trading days. |
Weekly Trend | TNA advances 6% 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(-50%) VIXM(-40%) TBT(-38%) 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 | -1.795% (StdDev 3.59%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.6% |
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