| TAN latest price $44.8900 (3.05%) ($44.2000 - $45.7300) on Tue. Jan. 23, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.91% (three month average) |
RSI | 20 |
Latest Price | $44.8900(3.05%) |
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 declines -6.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) IWN(73%) IWM(72%) IWO(67%) IVE(61%) JETS(55%) |
Factors Impacting TAN price | TAN will decline at least -1.455% in a week (0% probabilities). UUP(-47%) VXX(-43%) VIXM(-39%) SMH(17%) XLE(24%) |
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 | -1.455% (StdDev 2.91%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.4% |
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