| TAN latest price $121.5500 (5.45%) ($119.1700 - $123.4500) on Thu. Jan. 7, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.12% (three month average) |
RSI | 87 |
Latest Price | $121.5500(5.45%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 3.6% a day on average for past five trading days. |
Weekly Trend | TAN advances 6.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -1.56% 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 | -1.56% (StdDev 3.12%) |
Hourly BBV | 1 () |
Intraday Trend | -0.1% |
| |
|
|