| TNA latest price $42.8200 (-4.33%) ($42.3050 - $44.3320) on Mon. Feb. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.58% (three month average) |
RSI | 61 |
Latest Price | $42.8200(-4.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2% a day on average for past five trading days. |
Weekly Trend | TNA advances 8.2% 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) IWN(99%) IWO(98%) IWC(89%) IWD(89%) PAVE(87%) |
Factors Impacting TNA price | TNA will decline at least -2.29% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.29% (StdDev 4.58%) |
Hourly BBV | -1.7 () |
Intraday Trend | -2.3% |
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