| TAN latest price $78.0200 (2.38%) ($76.6100 - $78.7400) on Fri. Nov. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 64 |
Latest Price | $78.0200(2.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.2% a day on average for past five trading days. |
Weekly Trend | TAN advances 2.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock 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 -1.525% in a week (0% probabilities). VIXM(-44%) UUP(-27%) VXX(-17%) TBT(-12%) IGOV(4%) |
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 | -1.525% (StdDev 3.05%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.5% |
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