| TAN latest price $104.9600 (2.14%) ($103.0000 - $107.4500) on Mon. Jan. 4, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 85 |
Latest Price | $104.9600(2.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.4% a day on average for past five trading days. |
Weekly Trend | TAN advances 6.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(75%) ACES(67%) VT(60%) VUG(59%) VWO(59%) |
Factors Impacting TAN price | TAN will decline at least -1.51% in a week (0% probabilities). VIXM(-45%) UUP(-27%) VXX(-17%) TBT(-12%) IGOV(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.51% (StdDev 3.02%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.7% |
| |
|
|