| TAN latest price $43.1900 (-1.57%) ($43.1100 - $44.2440) on Fri. Jan. 26, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.88% (three month average) |
RSI | 26 |
Latest Price | $43.1900(-1.57%) |
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 declines -4.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) IWM(63%) IWN(63%) IWO(60%) IVE(53%) XBI(52%) |
Factors Impacting TAN price | TAN will decline at least -1.44% in a week (0% probabilities). UUP(-41%) VXX(-34%) VIXM(-30%) XLE(9%) GLD(9%) |
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 | -1.3 () |
Intraday Trend | -1.1% |
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