| TAN latest price $39.2400 (-3.75%) ($37.7700 - $39.7300) on Mon. Feb. 24, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 77 |
Latest Price | $39.2400(-3.75%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.9% a day on average for past five trading days. |
Weekly Trend | TAN advances 8.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(82%) ACES(75%) VFMO(66%) VT(66%) VWO(65%) |
Factors Impacting TAN price | TAN will decline at least -0.975% in a week (0% probabilities). VIXM(-47%) VXX(-23%) UUP(-19%) IGOV(-2%) TLT(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.975% (StdDev 1.95%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
| |
|
|