| TAN latest price $45.4800 (-2.51%) ($45.2700 - $46.4400) on Thu. Nov. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.57% (three month average) |
RSI | 67 |
Latest Price | $45.4800(-2.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.8% a day on average for past five trading days. |
Weekly Trend | TAN advances 2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) DRIV(91%) BOTZ(89%) XHB(88%) XME(86%) ACES(85%) |
Factors Impacting TAN price | TAN will decline at least -1.285% in a week (0% probabilities). TBT(-41%) VXX(-29%) UUP(-27%) VIXM(-24%) URA(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 | -1.285% (StdDev 2.57%) |
Hourly BBV | -0.6 () |
Intraday Trend | -0.9% |
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