| TNA latest price $28.3100 (3.81%) ($27.7330 - $28.4500) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.91% (three month average) |
RSI | 72 |
Latest Price | $28.3100(3.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.9% a day on average for past five trading days. |
Weekly Trend | TNA advances 7.2% a week on average for past two weeks. |
Market Behavior | Normal 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%) ARKG(91%) TAN(90%) VFMO(90%) |
Factors Impacting TNA price | TNA will decline at least -1.955% in a week (0% probabilities). UUP(-32%) TBT(-29%) VXX(-18%) VIXM(4%) BNDX(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 | -1.955% (StdDev 3.91%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1.4% |
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