| TNA latest price $33.1000 (3.96%) ($32.4400 - $33.3800) on Thu. Sep. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 56 |
Latest Price | $33.1000(3.96%) |
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 -2% 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(89%) |
Factors Impacting TNA price | TNA will decline at least -1.365% in a week (0% probabilities). VXX(-46%) TBT(-37%) VIXM(-36%) UUP(-33%) USO(11%) |
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 | -1.365% (StdDev 2.73%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.7% |
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