| TAN latest price $119.1300 (-1.99%) ($116.8100 - $123.6550) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.13% (three month average) |
RSI | 83 |
Latest Price | $119.1300(-1.99%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 3% a day on average for past five trading days. |
Weekly Trend | TAN advances 7.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(75%) ACES(67%) VT(60%) VUG(59%) VWO(59%) |
Factors Impacting TAN price | TAN will decline at least -1.565% in a week (0% probabilities). VIXM(-44%) UUP(-27%) VXX(-17%) TBT(-12%) IGOV(4%) |
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 | -1.565% (StdDev 3.13%) |
Hourly BBV | -0.4 () |
Intraday Trend | -3.5% |
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