| TNA latest price $30.7300 (-0.77%) ($30.6700 - $32.7400) on Wed. Dec. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 59 |
Latest Price | $30.7300(-0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.5% a day on average for past five trading days. |
Weekly Trend | TNA advances 5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWO(99%) IFRA(95%) TAN(92%) ARKG(91%) IWD(90%) |
Factors Impacting TNA price | TNA will decline at least -2.005% 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 | -2.005% (StdDev 4.01%) |
Hourly BBV | -1.5 () |
Intraday Trend | -2.9% |
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