| TNA latest price $30.6700 (1.62%) ($29.5510 - $30.8500) on Thu. May. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.99% (three month average) |
RSI | 52 |
Latest Price | $30.6700(1.62%) |
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 1% 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%) IFRA(89%) IWD(88%) IWC(86%) |
Factors Impacting TNA price | TNA will decline at least -1.995% in a week (0% probabilities). VXX(-51%) VIXM(-43%) UUP(-29%) TBT(-27%) IGOV(7%) |
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 | -1.995% (StdDev 3.99%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.8% |
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