| TNA latest price $37.3000 (-5.95%) ($37.2500 - $40.7800) on Wed. Dec. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 76 |
Latest Price | $37.3000(-5.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.9% a day on average for past five trading days. |
Weekly Trend | TNA advances 11.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -2.19% in a week (0% probabilities). TBT(-37%) UUP(-24%) KWEB(36%) VIXM(-28%) VXX(-27%) |
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 | -2.19% (StdDev 4.38%) |
Hourly BBV | -0.8 () |
Intraday Trend | -5.4% |
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