| TNA latest price $39.6600 (5.84%) ($37.9700 - $39.8500) on Tue. Dec. 19, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.32% (three month average) |
RSI | 84 |
Latest Price | $39.6600(5.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 4.1% a day on average for past five trading days. |
Weekly Trend | TNA advances 12.2% 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%) ARKG(95%) ARKK(95%) IVE(95%) IWD(93%) |
Factors Impacting TNA price | TNA will decline at least -2.16% in a week (0% probabilities). EDOC(-70%) TBT(-37%) UUP(-24%) BNDX(7%) URA(19%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.16% (StdDev 4.32%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.8% |
| |
|
|