| TNA latest price $35.0500 (-0.65%) ($35.0200 - $35.9700) on Thu. Aug. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.19% (three month average) |
RSI | 40 |
Latest Price | $35.0500(-0.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.6% a day on average for past five trading days. |
Weekly Trend | TNA declines -0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -1.595% in a week (0% probabilities). VXX(-48%) 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 | -1.595% (StdDev 3.19%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1% |
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