| TAN latest price $35.1300 (1.33%) ($34.5600 - $35.2800) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5% (three month average) |
RSI | 74 |
Latest Price | $35.1300(1.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.9% a day on average for past five trading days. |
Weekly Trend | TAN advances 3.6% a week on average for past two weeks. |
Market Behavior | Value stock 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%) 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.5% (StdDev 5%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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