| TNA latest price $35.0200 (4.41%) ($33.1800 - $35.0400) on Tue. Jan. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.99% (three month average) |
RSI | 58 |
Latest Price | $35.0200(4.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.4% a day on average for past five trading days. |
Weekly Trend | TNA advances 2.6% 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) IWN(99%) IWO(98%) IWC(90%) IWD(89%) IFRA(87%) |
Factors Impacting TNA price | TNA will decline at least -2.495% in a week (0% probabilities). VIXM(-53%) UUP(-23%) VXX(-17%) SHY(-13%) TBT(-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 | -2.495% (StdDev 4.99%) |
Hourly BBV | 0 () |
Intraday Trend | 4.9% |
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