| TAN latest price $20.4600 (1.14%) ($20.1500 - $20.5200) on Fri. Nov. 16, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 77 |
Latest Price | $20.4600(1.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.3% a day on average for past five trading days. |
Weekly Trend | TAN advances 3.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(82%) ACES(75%) VFMO(65%) VT(65%) VWO(65%) |
Factors Impacting TAN price | TAN will decline at least -0.84% in a week (0% probabilities). VXX(-19%) UUP(-15%) VIXM(-11%) TLT(-3%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.84% (StdDev 1.68%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
| |
|
|