| TAN latest price $71.7500 (0.66%) ($71.7000 - $73.8900) on Tue. Nov. 1, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.41% (three month average) |
RSI | 62 |
Latest Price | $71.7500(0.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.1% a day on average for past five trading days. |
Weekly Trend | TAN advances 3.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) VT(68%) XLI(65%) XLB(64%) XRT(64%) VYM(63%) |
Factors Impacting TAN price | TAN will decline at least -1.205% in a week (0% probabilities). VIXM(-39%) UUP(-30%) TBT(-27%) VXX(-11%) EDOC(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.205% (StdDev 2.41%) |
Hourly BBV | 0.9 () |
Intraday Trend | -1.9% |
| |
|
|