| TAN latest price $74.1600 (-1.84%) ($74.0000 - $80.8600) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 43 |
Latest Price | $74.1600(-1.84%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.9% a day on average for past five trading days. |
Weekly Trend | TAN advances 0.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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%) VT(59%) DRIV(58%) VFMO(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 | -0.7 () |
Intraday Trend | -8.3% |
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