| TAN latest price $75.4600 (11.4%) ($71.5000 - $75.6900) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 53 |
Latest Price | $75.4600(11.4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.4% a day on average for past five trading days. |
Weekly Trend | TAN declines -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 -1.505% in a week (0% probabilities). VIXM(-42%) UUP(-27%) VXX(-16%) TBT(-12%) EDOC(-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 | -1.505% (StdDev 3.01%) |
Hourly BBV | 1.6 () |
Intraday Trend | 5.5% |
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