| TAN latest price $39.2400 (5.09%) ($38.2200 - $39.2600) on Mon. Jul. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.68% (three month average) |
RSI | 71 |
Latest Price | $39.2400(5.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 2.4% a day on average for past five trading days. |
Weekly Trend | TAN advances 3.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(78%) ACES(70%) VFMO(58%) VT(58%) VUG(57%) |
Factors Impacting TAN price | TAN will decline at least -1.34% in a week (0% probabilities). VIXM(-41%) UUP(-27%) VXX(-17%) TBT(-10%) IYT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.34% (StdDev 2.68%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
| |
|
|