| TAN latest price $33.7600 (2.15%) ($33.0000 - $33.8400) on Fri. May. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.02% (three month average) |
RSI | 60 |
Latest Price | $33.7600(2.15%) |
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 2.7% 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(70%) VFMO(59%) VT(59%) VUG(57%) |
Factors Impacting TAN price | TAN will decline at least -2.51% in a week (0% probabilities). VIXM(-41%) UUP(-27%) VXX(-18%) TBT(-8%) IYT(-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 | -2.51% (StdDev 5.02%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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