| TNA latest price $32.2400 (-0.22%) ($31.3900 - $32.5600) on Tue. Dec. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 76 |
Latest Price | $32.2400(-0.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TNA advances 6.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWO(99%) TAN(98%) IFRA(96%) ARKG(92%) ARKK(92%) |
Factors Impacting TNA price | TNA will decline at least -2.01% in a week (0% probabilities). BNDX(-2%) SHY(25%) BND(28%) VXX(-28%) VIXM(-25%) |
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 | 1.5 () |
Intraday Trend | 0.2% |
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