| TNA latest price $31.3300 (8.94%) ($28.0790 - $31.4200) on Fri. Dec. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 78 |
Latest Price | $31.3300(8.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.9% a day on average for past five trading days. |
Weekly Trend | TNA advances 4.2% 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) IWO(99%) IFRA(95%) TAN(92%) ARKG(91%) IWD(89%) |
Factors Impacting TNA price | TNA will decline at least -2.03% in a week (0% probabilities). VIXM(-25%) UUP(-23%) VXX(-20%) TBT(-14%) BNDX(-0%) |
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 | -2.03% (StdDev 4.06%) |
Hourly BBV | 2 () |
Intraday Trend | 9.9% |
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