| TAN latest price $71.5000 (-3.59%) ($70.4000 - $74.0000) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.06% (three month average) |
RSI | 52 |
Latest Price | $71.5000(-3.59%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.7% a day on average for past five trading days. |
Weekly Trend | TAN advances 2.1% 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 -1.53% in a week (0% probabilities). VIXM(-42%) UUP(-26%) 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 | -1.53% (StdDev 3.06%) |
Hourly BBV | -1.4 () |
Intraday Trend | -2.9% |
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