| TAN latest price $71.3200 (2.83%) ($70.4000 - $71.5900) on Wed. Jul. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 55 |
Latest Price | $71.3200(2.83%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.4% a day on average for past five trading days. |
Weekly Trend | TAN advances 0.1% 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) ICLN(96%) ACES(84%) IWM(77%) IWN(77%) ARKG(76%) |
Factors Impacting TAN price | TAN will decline at least -0.855% in a week (0% probabilities). VXX(-41%) TBT(-39%) VIXM(-38%) UUP(-30%) IGOV(10%) |
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 | -0.855% (StdDev 1.71%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.8% |
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