| TAN latest price $71.0000 (3.24%) ($69.3000 - $71.3500) on Mon. Nov. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 44 |
Latest Price | $71.0000(3.24%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.4% a day on average for past five trading days. |
Weekly Trend | TAN declines -3.2% 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(76%) ACES(68%) DRIV(58%) VFMO(58%) VT(58%) |
Factors Impacting TAN price | TAN will decline at least -1.39% in a week (0% probabilities). VIXM(-42%) UUP(-27%) VXX(-16%) TBT(-12%) IGOV(-3%) |
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 | -1.39% (StdDev 2.78%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.7% |
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