| TAN latest price $97.3000 (-1.49%) ($93.0200 - $97.9900) on Fri. Mar. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 48 |
Latest Price | $97.3000(-1.49%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 2.2% a day on average for past five trading days. |
Weekly Trend | TAN declines -4.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(73%) ACES(65%) VT(60%) VUG(59%) VWO(59%) |
Factors Impacting TAN price | TAN will decline at least -2.14% in a week (0% probabilities). VIXM(-44%) UUP(-28%) VXX(-16%) TBT(-14%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.14% (StdDev 4.28%) |
Hourly BBV | 0.6 () |
Intraday Trend | 3.5% |
| |
|
|