| TAN latest price $32.2200 (0.03%) ($31.5300 - $32.4000) on Mon. May. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.17% (three month average) |
RSI | 72 |
Latest Price | $32.2200(0.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.9% a day on average for past five trading days. |
Weekly Trend | TAN advances 4.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(78%) ACES(70%) VFMO(59%) VT(59%) XLY(58%) |
Factors Impacting TAN price | TAN will decline at least -2.585% in a week (0% probabilities). VIXM(-41%) UUP(-27%) VXX(-18%) TBT(-7%) XLC(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.585% (StdDev 5.17%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|