| TAN latest price $58.0200 (-0.67%) ($57.8600 - $58.5300) on Tue. Sep. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.78% (three month average) |
RSI | 41 |
Latest Price | $58.0200(-0.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.5% a day on average for past five trading days. |
Weekly Trend | TAN advances 0.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(97%) ACES(85%) IBUY(80%) XRT(80%) ARKG(78%) |
Factors Impacting TAN price | TAN will decline at least -0.89% in a week (0% probabilities). TBT(-36%) VXX(-33%) VIXM(-33%) UUP(-27%) USO(12%) |
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 | -0.89% (StdDev 1.78%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0.3% |
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