| TAN latest price $85.3700 (0.71%) ($84.9800 - $88.7600) on Mon. Aug. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.18% (three month average) |
RSI | 76 |
Latest Price | $85.3700(0.71%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.5% a day on average for past five trading days. |
Weekly Trend | TAN advances 7.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) VT(67%) XLB(65%) XLI(64%) XLRE(64%) VFMO(62%) |
Factors Impacting TAN price | TAN will decline at least -1.59% in a week (0% probabilities). VIXM(-41%) UUP(-34%) TBT(-25%) VXX(-11%) SMH(12%) |
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 | -1.59% (StdDev 3.18%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1.9% |
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