| TNA latest price $35.6700 (10.64%) ($31.5300 - $35.6700) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.22% (three month average) |
RSI | 80 |
Latest Price | $35.6700(10.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 3.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 7.5% 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(98%) IFRA(96%) ARKG(92%) ARKK(92%) |
Factors Impacting TNA price | TNA will decline at least -2.11% in a week (0% probabilities). VXX(-28%) VIXM(-25%) UUP(-25%) TBT(-9%) BNDX(-2%) |
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 | -2.11% (StdDev 4.22%) |
Hourly BBV | 3.6 () |
Intraday Trend | 10.5% |
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