TRU-SENTIMENT · DeltaNeutral
TNA Trading Analysis - 09/11/2026 05:07 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
TNA (Direxion Daily Small Cap Bull 3x ETF) at $64.84. True Sentiment Bullish, delta 40-60 call 83% / put 17%, call $4,143,570 vs put $840,655. RSI 29.1.
- Symbol
- TNA
- Price
- $64.84
- Article bias (separate from True Sentiment)
- bearish
- Conviction
- medium
- Published
- 2026-09-11 17:07:00 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 is $4,143,570, and put dollar volume is $840,655, indicating a bullish sentiment.
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, affecting TNA's performance.
These headlines suggest that TNA has been influenced by broader market trends and economic concerns, which could impact 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: $64.81
Recent price action: The stock has been trending downward, with a recent low of $63.75 on September 10.
Technical Analysis:
Technical Indicators
SMA trends: The 5-day SMA is $66.78, the 20-day SMA is $70.63, and the 50-day SMA is $71.00. The stock price is below all these averages.
RSI interpretation: The RSI is 29.09, indicating the stock is oversold.
MACD signals: The MACD is bearish.
Bollinger Bands position: The stock price is near the lower band, indicating potential oversold conditions.
30-day high/low context: 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 analysis: Call dollar volume is $4,143,570, and put dollar volume is $840,655, indicating a bullish sentiment.
Key Price Levels (observational only):
Support levels: $63.75 (recent low)
Resistance levels: $70.63 (20-day SMA)
25-Day Price Forecast:
Based on current technical trends, momentum, and indicators, TNA is projected for $62.50 to $67.50 over the next 25 days.
The projection is based on the current SMA trends, RSI momentum, MACD signals, and recent volatility (ATR). The support and resistance levels may act as barriers or targets.
Defined Risk Strategy Recommendations:
Based on the price forecast of $62.50 to $67.50, consider the following defined risk strategies:
- Bull Call Spread: Buy the $62.0 call and sell the $65.0 call, expiring on October 16.
- Bear Put Spread: Buy the $65.0 put and sell the $62.0 put, expiring on October 16.
- Iron Condor: Sell the $62.0 call, buy the $65.0 call, sell the $65.0 put, and buy the $62.0 put, expiring on October 16.
Risk Factors:
- Technical warning signs or weaknesses: The stock is oversold, but the trend is still downward.
- Sentiment divergences from price action: The options sentiment is bullish, but the price action is bearish.
- Volatility and ATR considerations: The ATR is 2.12, indicating moderate volatility.
Summary & Conviction Level:
Overall bias: Bearish
Conviction level: Medium
One-line trade idea: Consider defined risk strategies based on the price forecast and technical indicators.
View TNA Options Chain