| TNA latest price $44.7600 (-2.16%) ($43.8800 - $46.2400) on Fri. Feb. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.55% (three month average) |
RSI | 65 |
Latest Price | $44.7600(-2.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.2% a day on average for past five trading days. |
Weekly Trend | TNA advances 7.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWN(99%) IWO(98%) IWC(89%) IWD(89%) PAVE(87%) |
Factors Impacting TNA price | TNA will decline at least -2.275% in a week (0% probabilities). VIXM(-52%) UUP(-21%) VXX(-17%) SHY(-15%) TBT(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.275% (StdDev 4.55%) |
Hourly BBV | 0.3 () |
Intraday Trend | 1.2% |
| |
|
|