| TNA latest price $33.4700 (2.7%) ($33.0500 - $34.0690) on Mon. Aug. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 26 |
Latest Price | $33.4700(2.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.3% a day on average for past five trading days. |
Weekly Trend | TNA declines -5.6% 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(99%) IWO(99%) IFRA(91%) IWD(90%) XRT(88%) |
Factors Impacting TNA price | TNA will decline at least -1.605% in a week (0% probabilities). VXX(-47%) VIXM(-37%) TBT(-36%) UUP(-34%) IGOV(5%) |
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 | -1.605% (StdDev 3.21%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.2% |
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