| TNA latest price $26.9200 (7.94%) ($26.1900 - $27.4400) on Fri. Nov. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 49 |
Latest Price | $26.9200(7.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 4.4% a day on average for past five trading days. |
Weekly Trend | TNA declines -2.9% 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(93%) ARKG(90%) TAN(90%) |
Factors Impacting TNA price | TNA will decline at least -1.605% in a week (0% probabilities). TBT(-37%) UUP(-34%) VXX(-29%) VIXM(-13%) BNDX(18%) |
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 | 1.3 () |
Intraday Trend | 2.7% |
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