| TNA latest price $38.6100 (-3.09%) ($38.4200 - $40.4200) on Mon. Nov. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.68% (three month average) |
RSI | 60 |
Latest Price | $38.6100(-3.09%) |
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 0.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(86%) VYM(86%) XLI(86%) XRT(86%) XHB(84%) |
Factors Impacting TNA price | TNA will decline at least -2.84% in a week (0% probabilities). VIXM(-53%) UUP(-32%) VXX(-16%) TBT(-15%) JETS(12%) |
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 | -2.84% (StdDev 5.68%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1.5% |
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