TRU-SENTIMENT · DeltaNeutral
TNA Trading Analysis - 09/11/2026 03:45 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
TNA (Direxion Daily Small Cap Bull 3x ETF) at $64.94. True Sentiment Bullish, delta 40-60 call 89% / put 11%, call $4,028,828 vs put $520,488. RSI 29.7.
- Symbol
- TNA
- Price
- $64.94
- Article bias (separate from True Sentiment)
- neutral
- Conviction
- medium
- Published
- 2026-09-11 15:45:00 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: $4,028,828 (call) vs $520,488 (put), indicating a bullish bias.
The pure directional positioning suggests near-term bullish expectations.
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 is provided for TNA in the given information. Therefore, a detailed fundamental analysis cannot be performed.
Current Market Position:
Current price: $64.97
Recent price action: The stock has been trending downward, with a recent low of $63.75 on 2026-09-10.
Key support levels: $63.61 (Bollinger Band lower), $64.12 (previous day's close)
Key resistance levels: $70.63 (50-day SMA), $71.01 (previous high)
Technical Analysis:
Technical Indicators
SMA trends: The 5-day SMA is not provided, but the 20-day and 50-day SMAs are $70.63 and $71.01 respectively, indicating a downward trend.
RSI: 29.66, indicating oversold conditions.
MACD: -1.73, indicating a bearish signal.
Bollinger Bands: The stock price is near the lower band, indicating potential oversold conditions.
30-day high/low: The stock is 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: $4,028,828 (call) vs $520,488 (put), indicating a bullish bias.
The pure directional positioning suggests near-term bullish expectations.
Key Price Levels:
25-Day Price Forecast:
TNA is projected for $63.50 to $68.20
Based on current trends, momentum, and indicators, TNA is expected to trade within a range of $63.50 to $68.20 in 25 days.
This projection considers the current SMA trends, RSI momentum, MACD signals, and recent volatility (ATR).
Support and resistance levels may act as barriers or targets within this projected range.
Defined Risk Strategy Recommendations:
Based on the price forecast of $63.50 to $68.20:
- Bull Call Spread: Buy 1 TNA 261016C00065000 call at $4.10, Sell 1 TNA 261016C00070000 call at $1.90. Net debit: $2.20. Profit target: $3.80, Max profit: $4.80.
- Bear Put Spread: Buy 1 TNA 261016P00063000 put at $2.78, Sell 1 TNA 261016P00060000 put at $2.23. Net debit: $0.55. Profit target: $1.23, Max profit: $2.23.
- Iron Condor: Buy 1 TNA 261016P00060000 put at $2.23, Sell 1 TNA 261016P00063000 put at $2.78. Buy 1 TNA 261016C00070000 call at $1.90, Sell 1 TNA 261016C00065000 call at $4.10. Net credit: $1.01. Profit target: $2.01, Max profit: $2.31.
Risk Factors:
- Technical warning signs: RSI indicates oversold conditions, but MACD shows a bearish signal.
- Sentiment divergences: Bullish options flow vs bearish technicals.
- Volatility and ATR considerations: Recent volatility has been high, with an ATR of 2.12.
Summary & Conviction Level:
Overall bias: Neutral
Conviction level: Medium
One-line trade idea: Consider defined risk strategies based on technical and sentiment analysis.