| TNA latest price $27.2700 (-4.65%) ($26.8400 - $28.5100) on Thu. Nov. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.9% (three month average) |
RSI | 72 |
Latest Price | $27.2700(-4.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.8% a day on average for past five trading days. |
Weekly Trend | TNA advances 7.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWO(99%) IFRA(94%) TAN(90%) IWD(89%) VFMO(89%) |
Factors Impacting TNA price | TNA will decline at least -1.95% in a week (0% probabilities). UUP(-32%) TBT(-27%) VXX(-19%) VIXM(4%) BNDX(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 | -1.95% (StdDev 3.9%) |
Hourly BBV | -1 () |
Intraday Trend | -3.5% |
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