| TAN latest price $53.3500 (-1.6%) ($53.2700 - $54.3930) on Fri. Dec. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.07% (three month average) |
RSI | 71 |
Latest Price | $53.3500(-1.6%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.1% a day on average for past five trading days. |
Weekly Trend | TAN advances 6.6% a week on average for past two weeks. |
Market Behavior | Growth stock 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) IWN(75%) IWM(74%) IWO(70%) IVE(63%) DIA(53%) |
Factors Impacting TAN price | TAN will decline at least -1.535% in a week (0% probabilities). UUP(-51%) VXX(-47%) VIXM(-43%) XLE(21%) SMH(26%) |
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 | -1.535% (StdDev 3.07%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.9% |
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