| TAN latest price $70.8800 (-0.99%) ($69.5100 - $71.6300) on Fri. Oct. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 50 |
Latest Price | $70.8800(-0.99%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.3% 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 rally for large cap. Broad based rally 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%) XLRE(63%) |
Factors Impacting TAN price | TAN will decline at least -1.23% in a week (0% probabilities). VIXM(-39%) UUP(-31%) TBT(-27%) VXX(-11%) SMH(7%) |
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 | -1.23% (StdDev 2.46%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0.4% |
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