Trading Signals: TNA Stock Price Prediction and Forecast

^ TNA: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Jul. 19, 2023

Trading Signals: TNA Stock Price Prediction and Forecast (Mon. Dec. 1, 2014 - Fri. Dec. 22, 2023)

(Direxion Small Cap Bull 3x ETF)
TNA latest price $40.6200 (1.15%) ($40.1100 - $41.1500) on Wed. Jul. 19, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.6% (three month average)
RSI   72
Latest Price   $40.6200(1.15%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TNA advances 1.5% a day on average for past five trading days.
Weekly Trend   TNA advances 6.4% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Value stock 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(89%)    PAVE(87%)
Factors Impacting TNA price   TNA will decline at least -1.8% in a week (0% probabilities).
VXX(-50%)    VIXM(-40%)    TBT(-38%)    UUP(-36%)    EDOC(9%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.8% (StdDev 3.6%)
Hourly BBV 1.1 ()
Intraday Trend 0.2%

5 Day Moving Average   $39.14(3.78%)
10 Day Moving Average   $37.38(8.67%)
20 Day Moving Average   $35.68(13.85%)
To recent high   0%
To recent low   47.3%
Market Cap   $N/A

Average daily price decay: -0.01%

$. TNA is a 3x leveraged ETF. You'll lose 0.01% a day on average for holding it.$. TNA price fluctuates within 7.23% (three month std-dev: 3.6%) daily (68% of days).

Sample size 50 Average positive next day return: 3.26%(54%) Average negative next day return: -2.65%(46%) Sample size 50 Average positive next three day return: 5.82%(48%) Average negative next three day return: -4.53%(52%) Sample size 50 Average positive next weekly return: 9%(50%) Average negative next weekly return: -5.3%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230819

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_19_2023	32.27	35.68	37.38	39.14	39.03	40.05	40.62(1.15%)	UT	OpenLong	75	0.6	52	170	30	119	13.44	66%	0.06	43	3.6%	1.1	1.9	72	1.5
2	Jul_18_2023	32.25	35.35	36.75	38.57	38.47	38.82	40.16(3.75%)	UT	OpenLong	75	0.7	47	60	25	111	11.63	66%	0.06	41.2	3.59%	1.4	2.1	73	1.9
3	Jul_17_2023	32.23	35.06	36.27	37.85	38.1	38.02	38.71(3.12%)	UT	OpenLong	75	0.4	36	10	12	106	10.37	65%	0	35.2	3.58%	1.1	1.8	74	1.4
4	Jul_14_2023	32.23	34.89	35.9	37.23	37.6	38.12	37.54(-2.95%)	UD	OpenLong	75	0.2	41	130	17	111	17.79	65%	-0.06	29.5	3.58%	-1.2	1.4	73	1.2
5	Jul_13_2023	32.25	34.81	35.64	36.5	36.78	38.18	38.68(2.44%)	UT	OpenLong	75	1.2	61	290	44	111	12.57	65%	0.03	25.2	3.58%	1.1	2.2	67	1

6	Jul_12_2023	32.24	34.6	35.12	35.32	35.59	37.08	37.76(3.28%)	UT	OpenLong	75	1.6	54	320	45	79	19.32	65%	-0.03	18	3.6%	1.3	2.1	61	1.1
7	Jul_11_2023	32.25	34.43	34.66	34.66	34.27	35.38	36.56(2.73%)	UT	OpenLong	75	1.4	29	190	23	47	14.58	65%	0.16	12.4	3.59%	1.7	1.5	56	-0.3
8	Jul_10_2023	32.2	34.43	34.19	34.49	33.94	34.1	35.59(4.99%)	UT	OpenLong	75	0.8	15	-10	12	25	11.59	65%	-0.22	29.9	3.59%	1.2	1	51	-0.5
9	Jul_7_2023	32.27	34.35	33.81	34.43	34.17	33.17	33.9(3.45%)	DP	OpenShort	-75	-0.4	-14	-230	-17	-6	13.98	62%	-0.25	56.1	3.55%	0.5	-0.4	42	-0.3
10	Jul_6_2023	32.35	34.37	33.75	34.65	34.66	33.78	32.77(-4.93%)	DT	OpenShort	-75	-1.5	-24	-180	-26	-17	16.63	62%	-0.31	76.8	3.56%	-1.1	-1.2	35	-0.6

11	Jul_5_2023	32.45	34.33	33.89	34.84	35.1	35.17	34.47(-3.45%)	N/A	N/A	0	-0.3	0	40	2	-5	12.58	67%	-0.52	88.5	3.5%	-1.1	0.1	47	0.9
12	Jul_3_2023	32.62	34.25	33.88	34.6	34.72	35.54	35.7(1.16%)	N/A	N/A	0	0.8	19	180	26	-3	8.49	62%	-0.15	89.1	3.54%	0	1	54	1.2
13	Jun_30_2023	32.67	33.97	33.78	33.83	34	35.03	35.29(0.83%)	RB	SmallLong	20	1	22	230	36	-22	13.8	65%	-0.15	74	3.57%	0.9	0.9	48	1
14	Jun_29_2023	32.72	33.66	33.8	33.11	33.12	33.89	35(3.73%)	N/A	N/A	0	1.1	6	160	24	-47	13.92	65%	-0.21	43.5	3.57%	1.3	0.8	45	1
15	Jun_28_2023	32.79	33.4	33.88	32.76	32.48	32.97	33.74(1.47%)	DP	OpenShort	-65	0.5	-9	80	7	-55	13.07	63%	-0.33	28.5	3.56%	1.2	0.2	50	1.2

16	Jun_27_2023	32.9	33.23	34.01	32.84	32.52	32.35	33.25(4.3%)	DP	OpenShort	-75	0.2	-12	-70	-2	-42	12.72	63%	-0.27	27.4	3.56%	1.7	0	60	1.1
17	Jun_26_2023	32.99	33.04	34.15	33.09	32.87	32	31.88(0.69%)	DP	OpenShort	-75	-0.5	-28	-210	-25	-38	13.27	61%	-0.42	26.9	3.55%	-0.4	-0.5	50	1
18	Jun_23_2023	33.13	32.96	34.52	33.71	33.46	32.69	31.66(-4.9%)	N/A	N/A	0	-0.9	-27	-180	-36	-0	14.29	61%	-0.45	32.8	3.56%	-1.8	-0.5	61	1.1
19	Jun_22_2023	33.28	32.93	34.97	34.56	34.35	33.74	33.29(-2.38%)	UD	OpenLong	65	-0.5	1	-140	-20	65	10.9	58%	-0.3	45.5	3.5%	-1.1	0.1	69	1.4
20	Jun_21_2023	33.38	32.83	35.08	35.15	34.8	34.23	34.1(-1.27%)	UD	OpenLong	65	-0.4	13	-140	-17	102	11.48	60%	-0.21	53.7	3.67%	-0.4	0.5	67	1.3

21	Jun_20_2023	33.45	32.64	34.87	35.34	35.28	34.97	34.54(-1.26%)	UD	OpenLong	65	-0.3	26	-70	-6	121	10.29	60%	-0.33	59	3.73%	-0.7	0.7	67	1.2
22	Jun_16_2023	33.56	32.44	34.72	35.35	35.39	35.37	34.98(-2.51%)	UD	OpenLong	65	-0.1	33	-0	-3	140	13.61	55%	-0.15	64.1	3.86%	-1.1	1	70	1.6
23	Jun_15_2023	33.61	32.2	34.24	35.45	35.25	35.59	35.88(-1.02%)	UD	OpenLong	75	0.2	39	50	2	150	14.36	52%	-0.24	68.8	3.87%	0	1.4	69	1.2
24	Jun_13_2023	33.69	31.81	33.55	35.46	35.3	35.41	36.25(3.42%)	UT	OpenLong	75	0.3	48	10	14	149	18.49	52%	-0.09	69.6	3.94%	1.5	1.7	65	1.3
25	Jun_12_2023	33.72	31.46	32.89	35.02	35.16	34.92	35.05(1.27%)	UT	OpenLong	75	0	41	-40	11	132	15.51	52%		70.9	3.98%	0.6	1.5	61	1.4
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.