| TNA latest price $28.4500 (16.46%) ($26.6100 - $28.4500) on Tue. Nov. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.91% (three month average) |
RSI | 71 |
Latest Price | $28.4500(16.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.2% a day on average for past five trading days. |
Weekly Trend | TNA advances 5.5% 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) IWO(99%) IFRA(94%) IWD(90%) TAN(90%) VFMO(90%) |
Factors Impacting TNA price | TNA will decline at least -1.955% in a week (0% probabilities). EDOC(-35%) UUP(-32%) TBT(-30%) VXX(-15%) VIXM(9%) |
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 | -1.955% (StdDev 3.91%) |
Hourly BBV | 1.6 () |
Intraday Trend | 6.8% |
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