| TNA latest price $31.0700 (7.84%) ($28.9300 - $31.5600) on Mon. Oct. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.78% (three month average) |
RSI | 33 |
Latest Price | $31.0700(7.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.7% a day on average for past five trading days. |
Weekly Trend | TNA declines -11.4% 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%) VYM(87%) XLI(87%) XRT(87%) XHB(85%) |
Factors Impacting TNA price | TNA will decline at least -2.39% in a week (0% probabilities). VIXM(-54%) UUP(-38%) TBT(-18%) VXX(-16%) EDOC(16%) |
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 | -2.39% (StdDev 4.78%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3.5% |
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