| TAN latest price $58.7200 (3.97%) ($56.5600 - $59.0000) on Tue. Aug. 29, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 30 |
Latest Price | $58.7200(3.97%) |
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 declines -4.1% 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(97%) ACES(85%) IBUY(80%) XRT(79%) ARKG(78%) |
Factors Impacting TAN price | TAN will decline at least -0.895% in a week (0% probabilities). VXX(-37%) TBT(-37%) VIXM(-35%) UUP(-28%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.895% (StdDev 1.79%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.8% |
| |
|
|