| TAN latest price $44.3900 (0.68%) ($44.1900 - $45.1500) on Thu. Mar. 21, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 51 |
Latest Price | $44.3900(0.68%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.8% a day on average for past five trading days. |
Weekly Trend | TAN declines -0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) IWM(79%) IWN(78%) IWO(75%) XBI(73%) IVE(71%) |
Factors Impacting TAN price | TAN will decline at least -1.185% in a week (0% probabilities). VXX(-53%) VIXM(-51%) UUP(-48%) GLD(11%) XLE(19%) |
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 | -1.185% (StdDev 2.37%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.4% |
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