| TAN latest price $55.0000 (4.32%) ($53.5900 - $55.1500) on Mon. Sep. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.45% (three month average) |
RSI | 56 |
Latest Price | $55.0000(4.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.3% a day on average for past five trading days. |
Weekly Trend | TAN declines -2.2% a week on average for past two weeks. |
Market Behavior | Broad based 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(77%) ACES(69%) VFMO(58%) VT(58%) XLY(57%) |
Factors Impacting TAN price | TAN will decline at least -1.225% in a week (0% probabilities). VIXM(-41%) UUP(-26%) VXX(-16%) TBT(-10%) DRIV(-5%) |
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 | -1.225% (StdDev 2.45%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.4% |
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