| TAN latest price $84.2300 (2.02%) ($82.5920 - $84.5800) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 75 |
Latest Price | $84.2300(2.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.2% a day on average for past five trading days. |
Weekly Trend | TAN advances 2.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(76%) ACES(68%) VT(59%) DRIV(58%) VFMO(58%) |
Factors Impacting TAN price | TAN will decline at least -1.45% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-17%) TBT(-12%) EDOC(5%) |
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 | -1.45% (StdDev 2.9%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.9% |
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