| TAN latest price $54.8100 (-3.27%) ($54.3700 - $55.6300) on Thu. Sep. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 50 |
Latest Price | $54.8100(-3.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1% a day on average for past five trading days. |
Weekly Trend | TAN declines -1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) XLY(57%) |
Factors Impacting TAN price | TAN will decline at least -1.215% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.215% (StdDev 2.43%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.4% |
| |
|
|