| TAN latest price $41.4900 (2.95%) ($40.2300 - $41.5400) on Thu. May. 2, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 45 |
Latest Price | $41.4900(2.95%) |
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 advances 0.7% 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) IWO(50%) IWM(49%) XBI(48%) IWN(46%) JETS(39%) |
Factors Impacting TAN price | TAN will decline at least -1.23% in a week (0% probabilities). UUP(-26%) VIXM(-18%) VXX(-0%) XLE(11%) GLD(23%) |
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 | -1.23% (StdDev 2.46%) |
Hourly BBV | 2.6 () |
Intraday Trend | 1.5% |
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