| TAN latest price $50.6400 (-4.36%) ($50.5600 - $53.2100) on Wed. Dec. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 64 |
Latest Price | $50.6400(-4.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.5% a day on average for past five trading days. |
Weekly Trend | TAN advances 5% a week on average for past two weeks. |
Market Behavior | Broad based 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) XLI(99%) LIT(97%) PCY(97%) REMX(97%) SIL(97%) |
Factors Impacting TAN price | TAN will decline at least -1.495% in a week (0% probabilities). TBT(-66%) VXX(-38%) VIXM(-34%) UUP(-21%) SPLV(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 | -1.495% (StdDev 2.99%) |
Hourly BBV | -0.9 () |
Intraday Trend | -4.8% |
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