| TNA latest price $28.9900 (-0.92%) ($28.2900 - $29.3460) on Tue. May. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.9% (three month average) |
RSI | 38 |
Latest Price | $28.9900(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.6% a day on average for past five trading days. |
Weekly Trend | TNA declines -3.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) IWN(98%) IWO(98%) IFRA(88%) IWD(88%) IWC(86%) |
Factors Impacting TNA price | TNA will decline at least -1.95% in a week (0% probabilities). VXX(-53%) VIXM(-44%) UUP(-28%) TBT(-24%) BNDX(3%) |
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 | -1.95% (StdDev 3.9%) |
Hourly BBV | 0.3 () |
Intraday Trend | 1% |
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