| TNA latest price $32.1400 (2.03%) ($31.1600 - $32.6190) on Fri. Dec. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 68 |
Latest Price | $32.1400(2.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.5% a day on average for past five trading days. |
Weekly Trend | TNA advances 5.8% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) TAN(97%) IFRA(95%) ARKG(92%) ARKK(92%) |
Factors Impacting TNA price | TNA will decline at least -2.01% in a week (0% probabilities). UUP(-25%) VIXM(-24%) VXX(-19%) TBT(-18%) BNDX(4%) |
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 | 1.4 () |
Intraday Trend | 2.6% |
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