| TNA latest price $28.2100 (3.3%) ($27.4400 - $28.7300) on Tue. Oct. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 39 |
Latest Price | $28.2100(3.3%) |
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 -3.2% 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(92%) IWD(91%) ARKG(89%) |
Factors Impacting TNA price | TNA will decline at least -1.33% in a week (0% probabilities). VXX(-41%) TBT(-38%) UUP(-34%) VIXM(-32%) EDOC(-19%) |
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 | -1.33% (StdDev 2.66%) |
Hourly BBV | 2 () |
Intraday Trend | 2.8% |
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