| TNA latest price $39.0500 (4.69%) ($37.7530 - $39.0600) on Thu. Dec. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.36% (three month average) |
RSI | 73 |
Latest Price | $39.0500(4.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.3% a day on average for past five trading days. |
Weekly Trend | TNA advances 10.5% 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) XRT(97%) IWO(99%) IFRA(97%) ARKK(96%) IWD(96%) |
Factors Impacting TNA price | TNA will decline at least -2.18% in a week (0% probabilities). TBT(-36%) VIXM(-30%) VXX(-28%) UUP(-24%) EDOC(-3%) |
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 | -2.18% (StdDev 4.36%) |
Hourly BBV | -0.7 () |
Intraday Trend | 1.8% |
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