| TNA latest price $42.3900 (5.92%) ($40.9000 - $42.5500) on Fri. Sep. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5% (three month average) |
RSI | 38 |
Latest Price | $42.3900(5.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.9% a day on average for past five trading days. |
Weekly Trend | TNA declines -8.4% 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) VT(88%) XRT(88%) VYM(87%) XLI(87%) XHB(85%) |
Factors Impacting TNA price | TNA will decline at least -2.5% in a week (0% probabilities). VIXM(-56%) UUP(-41%) TBT(-19%) VXX(-17%) EDOC(-6%) |
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 | -2.5% (StdDev 5%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.3% |
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