Trading Signals: TAN Stock Price Prediction and Forecast

^ TAN: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Fri. Feb. 26, 2021

Trading Signals: TAN Stock Price Prediction and Forecast (Mon. Aug. 24, 2015 - Fri. Feb. 26, 2021)

(Invesco Solar ETF)
TAN latest price $101.3200 (3.76%) ($96.6900 - $102.3500) on Fri. Feb. 26, 2021.

Trend Analysis and Forecast

Trend Pattern   Downtrend Pop
Trend Narrative   Growing Downtrend
Average Daily Price Swing   $7.68 (6.86% one month average)
Average Daily Percentage Swing   3.4% (three month average)
Weekly Trend Force   -1.4% (StdDev 3.4%)
Daily Moving Force   -0.9%
Rebound Strength   None(0%)
Trend   -1.38%
Trend Strength   -4%
RSI   35
Momentum   2
Latest Price   $101.3200(3.76%)
Forecasted Low Price   98.08(-3.2%)
Forecasted High Price   102.23(0.9%)
Direction of Next Movement   Lower(-3.3%)
% Change Needed to Confirm Rebound   1.5% ((102.88))
% Change Needed for Trend Reversal   7.7%
Hourly Trend -0.4% [$100.04(-0.42), $99.52(-1)]
Stocks Behave Similarly   Similar Stock List
Complacency   1
Intraday Reversal Probability   N/A.
Daily Trend   TAN declines -1.8% a day on average for past five trading days.
Weekly Trend   TAN declines -8.3% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Rotation from value to growth for small cap.
Correlated ETFs   Broad market will support TAN decline at-0.9% a week (91% probability)
ICLN(92%)    ACES(89%)    EDOC(88%)    IDRV(84%)    ARKG(83%)
Factors Impacting TAN price   TAN will decline at least -0.1% in a week (55% probabilities).
VXX(-72%)    VIXM(-66%)    XRT(-32%)    TBT(-25%)    SLV(-11%)
Explanation The decline is sustainable and supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -1.4

Relative Volatility 2.3 (options are extremely expensive)

Market Trend Strength   -2.4% (StdDev 3.4%)
Hourly BBV -0.9 ()
Intraday Trend 2.3%

Next Day Open Price   $101.5(0.18%)
1 - 5 Day Possible Target   $88.99(-12.17%)
Inflection Point   Yes
Resistance Level   $111.88
5 Day Moving Average   $100.76(0.56%)
10 Day Moving Average   $107.36(-5.63%)
20 Day Moving Average   $111.88(-9.44%)
To recent high   -16.9%
To recent low   26.3%
Market Cap   $N/A

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. TAN price fluctuates within 6.86% (three month std-dev: 3.4% one year average std_dev: 0%) daily (68% of days).
$. TAN price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Feb_26_2021	111.88 (-0.8%)	107.36 (-1.6%)	100.76 (-1.8%)	99.52	100.04(0%)	101.32(3.76%)	96.69-102.35	-1.9(-1.4)	-0.9	-0.9%	-1.4%	0%	-1.38%	-4%	35	2	Downtrend Pop	Lower(-2.3%)	1	-1.4	0.4	Growing Downtrend	98.29(-2.99%)	95.76-102.88	2.49	-16.9%-26.3%
2	Feb_25_2021	112.49 (-0.6%)	109.31 (-1.4%)	102.63 (-2%)	100.52	100.46(0%)	97.65(-5.51%)	96.44-104.19	-2(-2)	-2.9	-0.5%	-1.6%	1.5%	-1.2%	-2.8%	33	1.9	Rebound	Higher(2.2%)	1	-2.2	0.5	Growing Downtrend	95.25(-2.46%)	92.92-99.86	2.62	-19.9%-21.7%
3	Feb_24_2021	113.22 (-0.6%)	111.56 (-1.2%)	104.76 (-2.3%)	103.3	99.01(0%)	103.34(2.76%)	95.86-103.5	-1.9(-1.5)	-1.3	-1.9%	-1.4%	0%	-1.02%	-1.5%	36	1.7	Downtrend Pop	Lower(-3.3%)	2	-2	1.1	Relative Oversold	103.18(-0.15%)	97.62-107.74	3.46	-15.3%-28.8%
4	Feb_23_2021	113.97 (-0.4%)	113.43 (-0.8%)	107.23 (-3.2%)	105.38	100.58(0%)	100.56(-0.39%)	91.51-101.12	-1.8(-2.2)	-1.5	-5.5%	-1.5%	0%	-0.76%	-0.5%	32	1.6	Breakdown	Lower(-6.8%)	3	-2.5	1.5	Growing Downtrend	99.17(-1.38%)	97.62-102.43	4.98	-17.5%-25.4%
5	Feb_22_2021	114.95 (-0.2%)	115.38 (-0.4%)	110.81 (-3.5%)	110.05	107.59(0%)	100.95(-8.76%)	100.63-106.85	-1.3(-2.6)	-3.1	-3.1%	-1.3%	0%	-0.38%	0.4%	43	1.4	Breakdown	Range(-0%)	4	-3	1.7	Downtrend	100.6(-0.35%)	99.56-103.04	3.8	-17.2%-25.9%

6	Feb_19_2021	116 (0%)	117.13 (0%)	114.88 (-1.8%)	114.21	110.18(0%)	110.64(2.17%)	110.26-113.2	-0.6(-1.2)	-1.3	-2%	-0.5%	0%	0.04%	1%	57	1.2	Correction	Lower(-2.5%)	5	-1.9	1.9	Relative Oversold	111.87(1.11%)	110.33-113.13	1.96	-9.3%-45.2%
7	Feb_18_2021	116.55 (0.2%)	117.67 (0.4%)	117.02 (-1.9%)	116.4	112.52(0%)	108.29(-6.4%)	106.4-110.95	-0.1(-1.9)	-1.9	-3.7%	-0.7%	0%	0.26%	1%	48	1.2	Breakdown	Range(-1.2%)	6	-2.9	1.9	Uptrend Consolidation	110.32(1.87%)	110.9-108.56	3.4	-11.2%-44.9%
8	Feb_17_2021	116.93 (0.2%)	118.62 (0.6%)	119.31 (-1%)	119.42	118.24(0%)	115.7(-2.32%)	113.16-117.65	0.6(-0.3)	-1.3	-1.4%	-0%	0%	0.54%	1.5%	61	1.1	Downtrend Reversal	Range(-0.2%)	7	-1.3	2.1	Uptrend	116.57(0.75%)	115.89-116.86	2.37	-5.1%-54.9%
9	Feb_16_2021	116.86 (0.4%)	118.7 (0.8%)	120.55 (-0.1%)	120.81	120.27(0%)	118.45(-2.37%)	117.4-123.22	1(0.4)	-2.2	-0.2%	0.6%	0%	0.62%	1.6%	51	1.1	Correction	Higher(1.6%)	8	-0.3	2	Growing Uptrend	119.69(1.05%)	118.25-120.06	1.92	-2.9%-59.5%
10	Feb_12_2021	116.33 (0.2%)	117.99 (0.6%)	120.66 (0.8%)	120.85	120.6(0%)	121.32(-0.02%)	117.7-121.77	1.2(1.1)	1.3	-0.1%	0.8%	0%	0.52%	1.4%	52	1.3	Uptrend Consolidation	Range(0.7%)	8	0.8	2.1	Growing Uptrend	122.46(0.94%)	120.5-122.96	0.87	-0.5%-64.7%

11	Feb_11_2021	116 (0.2%)	116.78 (0.4%)	119.74 (1.1%)	120.46	121.34(0%)	121.35(1.37%)	119.71-122.14	1.1(1.2)	2.4	0.6%	0.7%	0%	0.3%	0.7%	49	1.3	Growing Uptrend	Range(1.3%)	8	1	2.2	Growing Uptrend	122.08(0.6%)	120.44-122.48	0.85	-0.5%-64.8%
12	Feb_10_2021	115.63 (0%)	115.84 (0.2%)	118.47 (0.5%)	119.11	121.1(0%)	119.71(-1.83%)	118.3-125.05	0.9(1)	1.4	1.1%	0.6%	0%	0.1%	0.2%	46	1.2	Uptrend Dip	Higher(2.6%)	7	0.6	2.2	Rebound	118.03(-1.4%)	120.14-117.13	2.43	-1.8%-67.4%
13	Feb_9_2021	115.4 (0.2%)	114.91 (-0%)	117.84 (1%)	117.71	119.57(0%)	121.94(2.48%)	119.15-122.2	0.8(1.6)	2.1	1.5%	0.4%	0%	0.02%	-0.4%	59	1.2	Growing Uptrend	Higher(1.9%)	6	1.3	2	Range Bound	120.9(-0.85%)	119.38-122.15	2.62	0%-70.5%
14	Feb_8_2021	115.05 (0.2%)	114.36 (-0%)	116.63 (1.5%)	116.56	117.13(0%)	118.99(1.97%)	117.33-120.55	0.5(1.1)	2.3	1.1%	0.1%	0%	-0.02%	-0.6%	57	1.1	Growing Uptrend	Range(1.2%)	6	0.3	1.8	Correction	117.37(-1.36%)	115.89-119.18	1.56	-2.1%-66.4%
15	Feb_5_2021	115.01 (0.2%)	114.26 (-0%)	114.94 (1.4%)	115.71	115.85(0%)	116.69(1.43%)	113.4-117.15	0.1(0.4)	4.4	0.6%	-0.3%	0%	0.02%	-0.7%	64	1.1	N/A	Range(0.3%)	6	-0.2	1.7	N/A	116.33(-0.31%)	115.55-116.98	1.53	-4%-63.2%

16	Feb_4_2021	115.21 (0.2%)	114.6 (-0.2%)	113.34 (0.5%)	114.18	115.99(0%)	115.04(-1.3%)	114.3-117.34	-0.2(-0)	3.3	0.7%	-0.4%	0%	-0%	-0.5%	51	1.1	Downtrend Consolidation	Range(1%)	6	-0.4	1.5	Correction	114.91(-0.11%)	114.64-115.24	1.5	-5.4%-69.8%
17	Feb_3_2021	115.22 (0.4%)	115.17 (-0%)	112.76 (1.1%)	112.76	115.58(0%)	116.56(0.58%)	114-117.22	-0.2(0.3)	1.5	1.9%	0.2%	0%	0.06%	-0%	53	1	Growing Uptrend	Higher(2.1%)	6	0.3	1.7	N/A	116.62(0.05%)	115.95-117.17	1.56	-4.1%-72.1%
18	Feb_2_2021	114.74 (0.4%)	114.98 (-0.2%)	111.52 (-0.3%)	111.54	112.36(0%)	115.89(4.88%)	113.46-116.15	-0.4(0.3)	1.2	1.3%	0.2%	0%	-0.04%	0.2%	51	1.2	Uptrend Reversal	Range(1.5%)	6	0.2	1.4	Correction	115.39(-0.43%)	114.99-115.89	2.66	-4.7%-71.1%
19	Feb_1_2021	114.24 (0.4%)	114.79 (-0.2%)	111.86 (-1.5%)	110.6	109.93(0%)	110.5(1.67%)	106.91-110.67	-0.5(-0.8)	-1.6	-1.3%	0.2%	0%	-0.02%	0.5%	46	1.3	N/A	Range(-1.1%)	5	-0.8	1.1	After Bottom	111.52(0.92%)	110.14-112.65	2.2	-9.1%-63.1%
20	Jan_29_2021	113.93 (0.4%)	114.57 (-0.2%)	113.56 (-2.2%)	112.9	110.72(0%)	108.69(-3.11%)	106.81-113.7	-0.2(-1.1)	-3.6	-1.4%	-0.4%	0%	-0.02%	0.6%	40	1.3	Growing Downtrend	Range(-0.2%)	5	-0.3	0.2	Correction	106.35(-2.15%)	105.83-108.45	2.25	-10.6%-60.5%

21	Jan_28_2021	113.7 (0.6%)	115.29 (-0%)	116.05 (-1.6%)	115.62	111.27(0%)	112.18(1.66%)	108.29-113.36	0.3(-0.3)	-1.5	-2.6%	-0%	0%	0.12%	1.4%	40	1.5	Downtrend Reversal	Lower(-2.6%)	5	0	0.6	Correction	110.5(-1.5%)	110.01-112.45	2.54	-7.7%-65.6%
22	Jan_27_2021	113.14 (0.6%)	115.56 (0%)	117.9 (-0.7%)	117.73	115.08(0%)	110.35(-6.16%)	108.8-114.15	0.7(-0.5)	-2	-2.7%	-0.3%	0%	0.26%	2.1%	47	1.6	Downtrend Reversal	Range(0.1%)	5	-0.2	0.9	Uptrend Consolidation	111.17(0.74%)	111.24-110.94	3.45	-9.2%-62.9%
23	Jan_26_2021	112.82 (0.8%)	116.15 (0.4%)	118.78 (0.6%)	119.49	119.96(0%)	117.6(-1.18%)	116.43-121.03	1.1(0.7)	0.3	0.2%	0.3%	0%	0.46%	2.9%	64	1.9	Growing Uptrend Correction	Range(1.1%)	5	0.6	1.5	Uptrend	119.08(1.26%)	116.71-120.1	1.95	-3.2%-73.6%
24	Jan_25_2021	112.1 (0.8%)	115.93 (0.4%)	118.06 (2.1%)	118.59	120.39(0%)	119(-1.74%)	116.66-125.98	1.1(1)	0.8	1.5%	0.2%	0%	0.56%	3.4%	67	2	Uptrend Dip	Higher(2.6%)	4	0.8	2.2	Uptrend	120.99(1.67%)	117.68-122.41	3.24	-2.1%-75.7%
25	Jan_22_2021	111.35 (0.8%)	115.88 (0.4%)	115.64 (1%)	116.46	119.02(0%)	121.11(-0.26%)	117.5-121.19	1(1.4)	2.4	1.7%	0.3%	0%	0.58%	4.1%	71	2	Growing Uptrend	Higher(2.1%)	4	1.4	2.1	After Top	121.05(-0.05%)	115.29-125.77	2.71	-0.4%-78.8%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low