TRU-SENTIMENT · DeltaNeutral
TNA Trading Analysis - 09/11/2026 01:50 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
TNA (Direxion Daily Small Cap Bull 3x ETF) at $65.37. True Sentiment Bullish, delta 40-60 call 90% / put 10%, call $3,968,538 vs put $438,098. RSI 31.0.
- Symbol
- TNA
- Price
- $65.37
- Article bias (separate from True Sentiment)
- bearish
- Conviction
- medium
- Published
- 2026-09-11 13:50:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment: Bullish
Call vs Put dollar volume analysis: Call dollar volume ($3968538) is higher than put dollar volume ($438098), indicating a bullish sentiment.
Pure directional positioning: The options sentiment suggests that traders are expecting the stock to move upward.
Key Statistics: TNA
📈 Analysis
News Headlines & Context:
Recent news headlines for TNA include:
- Direxion Daily Small Cap Bull 3X Shares (TNA) has seen increased volatility in recent days due to market fluctuations.
- The ETF has been impacted by concerns over economic growth and interest rate changes.
- Small-cap stocks have been under pressure due to regulatory scrutiny and sector rotation.
These headlines suggest that TNA has been affected by broader market trends and economic concerns, which could be influencing its technical and sentiment analysis.
Fundamental Analysis:
No fundamental data provided.
Current Market Position:
Current price: $65.37
Recent price action: The stock has been trending downward, with a recent low of $64.74 and a high of $66.49.
Key support and resistance levels: $64.74 (support), $66.49 (resistance)
Intraday momentum and trends: The stock is currently showing a slight upward trend, with a 5-day SMA of $66.90 and a 20-day SMA of $70.65.
Technical Analysis:
Technical Indicators
SMA trends: The 5-day SMA ($66.90) is below the 20-day SMA ($70.65) and 50-day SMA ($71.02), indicating a downward trend.
RSI interpretation: The RSI (31.03) suggests that the stock is oversold, which could lead to a rebound.
MACD signals: The MACD (-1.7) is below the signal line (-1.36), indicating a bearish signal.
Bollinger Bands: The stock price is below the middle band ($70.65), which could indicate a downward trend.
30-day high/low context: The stock is currently near the lower end of its 30-day range.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bullish
Call vs Put dollar volume analysis: Call dollar volume ($3968538) is higher than put dollar volume ($438098), indicating a bullish sentiment.
Pure directional positioning: The options sentiment suggests that traders are expecting the stock to move upward.
Key Price Levels:
Support: $64.74
Resistance: $66.49
Entry: $65.37
Target: $68.00
Stop Loss: $63.75
25-Day Price Forecast:
TNA is projected for $62.50 to $67.50
Based on current technical trends, momentum, and indicators, the stock price is expected to move within this range over the next 25 days.
Defined Risk Strategy Recommendations:
Based on the price forecast, here are three recommended defined risk strategies:
- Bull Call Spread: Buy the $65.00 call and sell the $70.00 call, expiring on 2026-10-16.
- Bear Put Spread: Buy the $60.00 put and sell the $65.00 put, expiring on 2026-10-16.
- Iron Condor: Sell the $65.00 call, buy the $70.00 call, sell the $60.00 put, and buy the $55.00 put, expiring on 2026-10-16.
Risk Factors:
Technical warning signs or weaknesses: The stock is currently in a downward trend, and the RSI suggests that it may be oversold.
Sentiment divergences from price action: The options sentiment is bullish, while the technical indicators are bearish.
Volatility and ATR considerations: The ATR (2.12) suggests that the stock has been experiencing moderate volatility.
Summary & Conviction Level:
Overall bias: Bearish
Conviction level: Medium
One-line trade idea: Consider a defined risk strategy to capitalize on the expected price movement.
View TNA Options Chain