| TAN latest price $53.6800 (0.04%) ($53.3130 - $54.0050) on Wed. Dec. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.06% (three month average) |
RSI | 69 |
Latest Price | $53.6800(0.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.3% a day on average for past five trading days. |
Weekly Trend | TAN advances 7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) IWN(75%) IWM(74%) IWO(69%) IVE(62%) XBI(55%) |
Factors Impacting TAN price | TAN will decline at least -1.53% in a week (0% probabilities). VXX(-43%) VIXM(-40%) UUP(-19%) XLE(22%) GLD(25%) |
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 | -1.53% (StdDev 3.06%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.4% |
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