| TAN latest price $73.8900 (3.47%) ($72.6300 - $74.4300) on Tue. Nov. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.47% (three month average) |
RSI | 70 |
Latest Price | $73.8900(3.47%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.6% a day on average for past five trading days. |
Weekly Trend | TAN advances 4.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) VT(69%) XLI(66%) VYM(64%) XLB(64%) XRT(64%) |
Factors Impacting TAN price | TAN will decline at least -1.235% in a week (0% probabilities). VIXM(-39%) UUP(-29%) TBT(-24%) 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 | -1.235% (StdDev 2.47%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.5% |
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