| TAN latest price $36.4000 (2.36%) ($35.5300 - $36.4000) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.98% (three month average) |
RSI | 70 |
Latest Price | $36.4000(2.36%) |
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 3.1% 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 -2.49% in a week (0% probabilities). VIXM(-41%) UUP(-27%) 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 | -2.49% (StdDev 4.98%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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