| TAN latest price $29.2600 (1.6%) ($28.4300 - $29.3100) on Mon. May. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.15% (three month average) |
RSI | 51 |
Latest Price | $29.2600(1.6%) |
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 2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(78%) ACES(71%) VFMO(59%) VT(59%) VWO(58%) |
Factors Impacting TAN price | TAN will decline at least -2.575% in a week (0% probabilities). VIXM(-42%) UUP(-27%) VXX(-18%) TBT(-7%) IGOV(-1%) |
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 | -2.575% (StdDev 5.15%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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