| TAN latest price $83.4000 (-1.4%) ($83.1200 - $86.0000) on Tue. Dec. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.11% (three month average) |
RSI | 82 |
Latest Price | $83.4000(-1.4%) |
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 7.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(76%) ACES(68%) VT(60%) DRIV(58%) VFMO(58%) |
Factors Impacting TAN price | TAN will decline at least -1.555% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-17%) TBT(-12%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.555% (StdDev 3.11%) |
Hourly BBV | 0.4 () |
Intraday Trend | -2.7% |
| |
|
|