| TAN latest price $40.6900 (1.85%) ($39.6800 - $41.1300) on Tue. Apr. 23, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 36 |
Latest Price | $40.6900(1.85%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.5% a day on average for past five trading days. |
Weekly Trend | TAN declines -4.7% 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) TLT(83%) XBI(78%) IVE(77%) DIA(73%) IWN(73%) |
Factors Impacting TAN price | TAN will decline at least -1.22% in a week (0% probabilities). UUP(-80%) GLD(-72%) VXX(-61%) VIXM(-60%) GDX(17%) |
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 | -1.22% (StdDev 2.44%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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