| TAN latest price $96.0000 (3.23%) ($94.0000 - $98.2400) on Fri. Dec. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 68 |
Latest Price | $96.0000(3.23%) |
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 6.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(75%) ACES(68%) VT(60%) DRIV(58%) VFMO(58%) |
Factors Impacting TAN price | TAN will decline at least -1.51% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-16%) TBT(-12%) EDOC(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.51% (StdDev 3.02%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.3% |
| |
|
|