| TNA latest price $40.2350 (3.03%) ($39.3400 - $40.7700) on Fri. Dec. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.37% (three month average) |
RSI | 72 |
Latest Price | $40.2350(3.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.5% a day on average for past five trading days. |
Weekly Trend | TNA advances 10.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) XLF(98%) IFRA(97%) REMX(97%) VYM(97%) XRT(97%) |
Factors Impacting TNA price | TNA will decline at least -2.185% in a week (0% probabilities). VIXM(-54%) VXX(-53%) TBT(-35%) UUP(-24%) BNDX(10%) |
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 | -2.185% (StdDev 4.37%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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