| TNA latest price $28.6900 (1.95%) ($27.9600 - $28.8700) on Fri. Nov. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.94% (three month average) |
RSI | 57 |
Latest Price | $28.6900(1.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1% a day on average for past five trading days. |
Weekly Trend | TNA advances 5.7% 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(92%) ARKG(88%) IWD(87%) VFMO(87%) |
Factors Impacting TNA price | TNA will decline at least -1.97% in a week (0% probabilities). UUP(-23%) VIXM(-15%) VXX(-14%) TBT(-11%) BNDX(-3%) |
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 | -1.97% (StdDev 3.94%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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