| TNA latest price $36.2100 (3.31%) ($35.7100 - $36.8200) on Fri. Sep. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.19% (three month average) |
RSI | 46 |
Latest Price | $36.2100(3.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 1.5% a week on average for past two weeks. |
Market Behavior | Value stock 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(89%) |
Factors Impacting TNA price | TNA will decline at least -1.595% in a week (0% probabilities). VXX(-48%) VIXM(-37%) TBT(-36%) UUP(-34%) USO(12%) |
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 | 1.1 () |
Intraday Trend | 1.1% |
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