| TAN latest price $32.8800 (6.44%) ($31.8500 - $32.9600) on Mon. May. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.16% (three month average) |
RSI | 66 |
Latest Price | $32.8800(6.44%) |
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 2.9% 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(78%) ACES(70%) VFMO(59%) VT(59%) XLY(58%) |
Factors Impacting TAN price | TAN will decline at least -2.58% in a week (0% probabilities). VIXM(-42%) UUP(-27%) VXX(-18%) TBT(-8%) XLC(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 | -2.58% (StdDev 5.16%) |
Hourly BBV | 0 () |
Intraday Trend | 3.2% |
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