| TAN latest price $43.7300 (-0.09%) ($43.3250 - $45.2000) on Wed. May. 15, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.14% (three month average) |
RSI | 70 |
Latest Price | $43.7300(-0.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.6% a day on average for past five trading days. |
Weekly Trend | TAN advances 3% 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%) IWN(44%) XBI(43%) TLT(34%) |
Factors Impacting TAN price | TAN will decline at least -1.07% in a week (0% probabilities). UUP(-34%) XLE(-3%) VXX(-1%) VIXM(-1%) IVW(0%) |
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 | -1.07% (StdDev 2.14%) |
Hourly BBV | 0.3 () |
Intraday Trend | -2.8% |
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