| TAN latest price $74.8300 (4.66%) ($72.7420 - $75.2400) on Wed. Nov. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.06% (three month average) |
RSI | 57 |
Latest Price | $74.8300(4.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 2% a day on average for past five trading days. |
Weekly Trend | TAN advances 3.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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(-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 | -1.53% (StdDev 3.06%) |
Hourly BBV | 0.3 () |
Intraday Trend | 2.6% |
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