| TAN latest price $24.9700 (-8.06%) ($24.9000 - $26.0000) on Fri. Mar. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.79% (three month average) |
RSI | 38 |
Latest Price | $24.9700(-8.06%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.8% a day on average for past five trading days. |
Weekly Trend | TAN declines -7.9% 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(80%) ACES(73%) VFMO(62%) VT(62%) VWO(61%) |
Factors Impacting TAN price | TAN will decline at least -2.395% in a week (0% probabilities). VIXM(-42%) UUP(-27%) VXX(-19%) TBT(-4%) IGOV(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.395% (StdDev 4.79%) |
Hourly BBV | 0 () |
Intraday Trend | -3.6% |
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