| TNA latest price $28.7600 (1.59%) ($28.0200 - $28.9250) on Mon. Nov. 20, 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 | $28.7600(1.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 3.2% 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 | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWO(99%) IFRA(95%) VFMO(91%) ARKG(90%) TAN(90%) |
Factors Impacting TNA price | TNA will decline at least -1.955% in a week (0% probabilities). UUP(-31%) TBT(-27%) VXX(-8%) VIXM(2%) 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 | -1.955% (StdDev 3.91%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.2% |
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