| TAN latest price $71.3200 (1.09%) ($70.0700 - $72.6000) on Tue. Oct. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 83 |
Latest Price | $71.3200(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 2.7% a day on average for past five trading days. |
Weekly Trend | TAN advances 11.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(77%) ACES(69%) VFMO(58%) VT(58%) VUG(57%) |
Factors Impacting TAN price | TAN will decline at least -1.255% in a week (0% probabilities). VIXM(-41%) UUP(-27%) VXX(-16%) TBT(-11%) DRIV(-6%) |
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 | -1.255% (StdDev 2.51%) |
Hourly BBV | 1 () |
Intraday Trend | -0.2% |
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