| TAN latest price $44.1500 (2.2%) ($43.1500 - $44.4750) on Fri. Mar. 1, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 47 |
Latest Price | $44.1500(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1% a day on average for past five trading days. |
Weekly Trend | TAN declines -3.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) IWN(71%) IWM(67%) IWO(57%) IVE(55%) JETS(51%) |
Factors Impacting TAN price | TAN will decline at least -1.405% in a week (0% probabilities). UUP(-38%) VXX(-36%) VIXM(-34%) SMH(12%) GLD(18%) |
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 | -1.405% (StdDev 2.81%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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