| TNA latest price $30.9700 (-4.19%) ($30.7650 - $31.8200) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 61 |
Latest Price | $30.9700(-4.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2% a day on average for past five trading days. |
Weekly Trend | TNA advances 4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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%) SPY(97%) IFRA(95%) TAN(92%) ARKG(91%) |
Factors Impacting TNA price | TNA will decline at least -2.01% in a week (0% probabilities). VIXM(-26%) UUP(-23%) VXX(-21%) TBT(-15%) BNDX(-0%) |
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 | -2.01% (StdDev 4.02%) |
Hourly BBV | -0.3 () |
Intraday Trend | -2.6% |
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