| TAN latest price $73.0500 (-4.73%) ($72.7700 - $75.5350) on Mon. Jul. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 58 |
Latest Price | $73.0500(-4.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.3% a day on average for past five trading days. |
Weekly Trend | TAN advances 1.2% 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) VT(66%) XLB(63%) XLI(63%) XLRE(62%) VFMO(61%) |
Factors Impacting TAN price | TAN will decline at least -1.65% in a week (0% probabilities). VIXM(-43%) UUP(-35%) TBT(-21%) VXX(-11%) EDOC(4%) |
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 | -1.65% (StdDev 3.3%) |
Hourly BBV | -1.4 () |
Intraday Trend | -3.2% |
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