| TAN latest price $43.9800 (2.35%) ($43.0800 - $44.1800) on Wed. Mar. 6, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 38 |
Latest Price | $43.9800(2.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.9% a day on average for past five trading days. |
Weekly Trend | TAN declines -2.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) IWN(76%) IWM(75%) IWO(69%) IVE(68%) JETS(59%) |
Factors Impacting TAN price | TAN will decline at least -1.415% in a week (0% probabilities). VXX(-45%) UUP(-42%) VIXM(-40%) GLD(18%) XLE(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 | -1.415% (StdDev 2.83%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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