| TNA latest price $39.1300 (-1.21%) ($38.9300 - $40.4600) on Fri. Jul. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.61% (three month average) |
RSI | 63 |
Latest Price | $39.1300(-1.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 0.8% a day on average for past five trading days. |
Weekly Trend | TNA advances 7.3% a week on average for past two weeks. |
Market Behavior | Normal 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(89%) IWD(89%) XRT(87%) |
Factors Impacting TNA price | TNA will decline at least -1.805% in a week (0% probabilities). VXX(-51%) VIXM(-40%) TBT(-39%) UUP(-36%) EDOC(6%) |
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 | -1.805% (StdDev 3.61%) |
Hourly BBV | -1.4 () |
Intraday Trend | -3% |
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