| TAN latest price $52.4400 (0.83%) ($51.7500 - $52.6800) on Fri. Aug. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 75 |
Latest Price | $52.4400(0.83%) |
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 2.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(77%) ACES(69%) VFMO(58%) VT(58%) VUG(57%) |
Factors Impacting TAN price | TAN will decline at least -1.185% in a week (0% probabilities). VIXM(-41%) UUP(-26%) VXX(-17%) TBT(-10%) IYT(-6%) |
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 | -1.185% (StdDev 2.37%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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