| TAN latest price $85.6300 (-0.9%) ($84.5700 - $87.5700) on Thu. Jul. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 44 |
Latest Price | $85.6300(-0.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.8% a day on average for past five trading days. |
Weekly Trend | TAN declines -2.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(68%) VT(62%) ACES(61%) XLY(60%) VUG(59%) |
Factors Impacting TAN price | TAN will decline at least -1.22% in a week (0% probabilities). VIXM(-46%) UUP(-28%) VXX(-15%) TBT(-12%) IGOV(-1%) |
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 | -1.22% (StdDev 2.44%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1.8% |
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