| TNA latest price $34.7600 (11.88%) ($32.8000 - $34.7700) on Tue. Oct. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.96% (three month average) |
RSI | 41 |
Latest Price | $34.7600(11.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 4% a day on average for past five trading days. |
Weekly Trend | TNA declines -8.8% 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 -2.48% 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 | -2.48% (StdDev 4.96%) |
Hourly BBV | 1.4 () |
Intraday Trend | 6% |
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