TRU-SENTIMENT · DeltaNeutral
TNA Trading Analysis - 09/11/2026 03:02 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
TNA (Direxion Daily Small Cap Bull 3x ETF) at $65.13. True Sentiment Bullish, delta 40-60 call 90% / put 10%, call $3,989,798 vs put $452,939. RSI 30.1.
- Symbol
- TNA
- Price
- $65.13
- Article bias (separate from True Sentiment)
- neutral
- Conviction
- medium
- Published
- 2026-09-11 15:02:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment is bullish, with:
- Call dollar volume: $3989798.0
- Put dollar volume: $452939.0
- Call %: 89.8%
Pure directional positioning suggests near-term bullish expectations.
Key Statistics: TNA
📈 Analysis
News Headlines & Context:
Recent news headlines for TNA include:
- Market volatility has been increasing due to economic concerns and sector rotation.
- TNA, being a leveraged ETF, is sensitive to market movements and investor sentiment.
- Recent economic data releases have shown mixed results, contributing to market uncertainty.
These headlines suggest that TNA's price action may be influenced by broader market trends and investor sentiment, which could be reflected in the technical and sentiment data.
Fundamental Analysis:
No fundamental data is provided for TNA in the given information. Therefore, the analysis will focus on technical and sentiment data.
Current Market Position:
Based on the daily history data, TNA's current price is $65.10. Recent price action shows a decline from $66.04 to $65.10 over the past two days.
Key support and resistance levels:
- Support: $64.74 (recent low)
- Resistance: $66.49 (recent high)
Intraday momentum and trends from minute bars indicate a slightly bearish bias with the price hovering around $65.
Technical Analysis:
Technical Indicators
SMA trends:
- 5-day SMA: 66.84
- 20-day SMA: 70.64
- 50-day SMA: 71.01
RSI is oversold (< 30), suggesting potential for a bounce.
MACD is bearish, but the histogram (-0.34) indicates a weakening bearish momentum.
Bollinger Bands position: Current price ($65.10) is near the lower band ($63.64), indicating potential oversold condition.
30-day high/low: $77.23 (high) and $63.75 (low), with price currently near the lower end of the range.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment is bullish, with:
- Call dollar volume: $3989798.0
- Put dollar volume: $452939.0
- Call %: 89.8%
Pure directional positioning suggests near-term bullish expectations.
Key Price Levels:
Support: $64.74 (recent low)
Resistance: $66.49 (recent high)
Entry: $65.10 (current price)
Target: $70.00 (based on recent highs and technical indicators)
Stop Loss: $63.75 (based on recent lows and risk management)
25-Day Price Forecast:
TNA is projected for $63.50 to $70.20 in 25 days, based on current technical trends, momentum, and indicators.
The projection considers:
- SMA trends: 5-day, 20-day, and 50-day SMAs indicate a potential bounce.
- RSI momentum: Oversold condition may lead to a short-term bounce.
- MACD signals: Weakening bearish momentum.
- Support/resistance levels: $64.74 and $66.49 as key levels.
Defined Risk Strategy Recommendations:
Based on the price forecast ($63.50 to $70.20), consider:
- Bull Call Spread: Buy 65C, Sell 70C (expiration: 2026-10-16)
- Bear Put Spread: Buy 60P, Sell 65P (expiration: 2026-10-16)
- Iron Condor: Buy 60P, Sell 65P, Buy 70C, Sell 75C (expiration: 2026-10-16)
These strategies align with the projected price range and manage risk.
Risk Factors:
- Technical warning signs: RSI oversold, but MACD bearish.
- Sentiment divergences: Bullish options flow vs bearish technicals.
- Volatility and ATR: Increasing volatility could impact strategy performance.
Summary & Conviction Level:
Overall bias: Neutral
Conviction level: Medium
One-line trade idea: Consider defined risk strategies based on technical and sentiment analysis.
View TNA Options Chain