TNA Forecast + Trading Strategies


Bullish Case: Recent uptick in TNA prices and higher bullish risk relative to bearish risk indicate potential for continued upward momentum, especially in the short term.


Bearish Case: Long-term price decline and current flat price action with only a slight recent increase suggest caution and the possibility of a downturn.


Potential Outcomes:

1. Short-term gain due to bullish sentiment (50%).

2. Sideways movement reflecting uncertainty (30%).

3. Surprise bearish turn triggered by market conditions (20%).


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April 09, 2024


Direxion Daily Small Cap Bull 3X Shares Forecast

TNA        Direxion Daily Small Cap Bull 3X Shares
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with TNA



UWM Forecast + Options Trading Strategies   UWM  ProShares Ultra Russell2000 (0.99)


QRVO Forecast + Options Trading Strategies   QRVO  Qorvo (0.9)


BEN Forecast + Options Trading Strategies   BEN  Franklin Resources (0.9)


MHK Forecast + Options Trading Strategies   MHK  Mohawk Industries (0.89)


SQ Forecast + Options Trading Strategies   SQ  Square (0.88)



Uncorrelated Stock Forecasts

Assets with little price relationship to TNA



IEP Forecast + Options Trading Strategies   IEP  Icahn (0.0)


IONQ Forecast + Options Trading Strategies   IONQ  IonQ (-0.0)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (-0.0)


NOC Forecast + Options Trading Strategies   NOC  Northrop Grumman (-0.01)


TAN Forecast + Options Trading Strategies   TAN  Invesco Solar (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against TNA



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.76)


DOG Forecast + Options Trading Strategies   DOG  ProShares Short Dow30 (-0.77)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.83)


SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.84)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.9)


TNA News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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