| TAN latest price $34.6700 (-0.57%) ($34.5500 - $35.3700) on Tue. Jun. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5% (three month average) |
RSI | 66 |
Latest Price | $34.6700(-0.57%) |
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 3.7% 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 -2.5% in a week (0% probabilities). VIXM(-41%) UUP(-26%) VXX(-17%) TBT(-9%) IYT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.5% (StdDev 5%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
| |
|
|