| TAN latest price $50.6000 (-2.28%) ($49.7500 - $51.7800) on Mon. Dec. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.88% (three month average) |
RSI | 69 |
Latest Price | $50.6000(-2.28%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 2% a day on average for past five trading days. |
Weekly Trend | TAN advances 2.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) XLI(99%) LIT(97%) PCY(97%) REMX(97%) SIL(97%) |
Factors Impacting TAN price | TAN will decline at least -1.44% in a week (0% probabilities). TBT(-66%) VXX(-38%) VIXM(-34%) UUP(-21%) EDOC(1%) |
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 | -1.44% (StdDev 2.88%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0.4% |
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