TNA Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse TNA on February 19, 2025, netting in a 3.85% gain over 2 days

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TNA - Direxion Daily Small Cap Bull 3X ETF

Ticker: TNA

Company: Direxion Daily Small Cap Bull 3X ETF

Gain from shortening: +3.85%

Confirmed: 02/19/25

Succeeded: 02/20/25

Total length: 2 days

Momentum Indicator for TNA turns negative, indicating new downward trend

TNA saw its Momentum Indicator move below the 0 level on February 19, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 91 similar instances where the indicator turned negative. In of the 91 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for TNA turned negative on February 20, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TNA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for TNA's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TNA advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .

TNA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 252 cases where TNA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .