| TAN latest price $70.8300 (4.18%) ($69.6770 - $72.4100) on Wed. Oct. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 43 |
Latest Price | $70.8300(4.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.4% a day on average for past five trading days. |
Weekly Trend | TAN declines -1.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) VT(68%) XLB(64%) XLI(64%) XRT(64%) VYM(63%) |
Factors Impacting TAN price | TAN will decline at least -1.37% in a week (0% probabilities). VIXM(-39%) UUP(-31%) TBT(-27%) VXX(-11%) SMH(8%) |
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 | -1.37% (StdDev 2.74%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.2% |
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