| TAN latest price $49.7600 (5.67%) ($47.2000 - $49.9700) on Tue. Oct. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 30 |
Latest Price | $49.7600(5.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.9% a day on average for past five trading days. |
Weekly Trend | TAN declines -5% 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(98%) ACES(86%) IBUY(82%) IWD(82%) XRT(82%) |
Factors Impacting TAN price | TAN will decline at least -0.99% in a week (0% probabilities). TBT(-40%) VXX(-37%) VIXM(-33%) UUP(-28%) EDOC(-15%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 2.6 () |
Intraday Trend | 4.9% |
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