| TAN latest price $25.7200 (7.98%) ($24.7200 - $25.8800) on Mon. Apr. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.91% (three month average) |
RSI | 55 |
Latest Price | $25.7200(7.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.5% a day on average for past five trading days. |
Weekly Trend | TAN advances 3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(79%) ACES(71%) VFMO(60%) VT(60%) VWO(59%) |
Factors Impacting TAN price | TAN will decline at least -2.455% in a week (0% probabilities). VIXM(-43%) UUP(-27%) VXX(-18%) TBT(-5%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.455% (StdDev 4.91%) |
Hourly BBV | 0 () |
Intraday Trend | 4% |
| |
|
|