| TNA latest price $41.2700 (7.25%) ($38.7200 - $41.2900) on Tue. Jan. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.66% (three month average) |
RSI | 70 |
Latest Price | $41.2700(7.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.4% a day on average for past five trading days. |
Weekly Trend | TNA advances 3.2% 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(98%) IWO(98%) IWC(89%) IWD(89%) PAVE(87%) |
Factors Impacting TNA price | TNA will decline at least -2.33% in a week (0% probabilities). VIXM(-52%) UUP(-21%) VXX(-17%) SHY(-15%) 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 | -2.33% (StdDev 4.66%) |
Hourly BBV | 1.6 () |
Intraday Trend | 6.6% |
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