| TAN latest price $121.4300 (5.79%) ($113.9300 - $121.6390) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.2% (three month average) |
RSI | 71 |
Latest Price | $121.4300(5.79%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.2% 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 | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(75%) ACES(67%) VT(61%) VWO(60%) VUG(59%) |
Factors Impacting TAN price | TAN will decline at least -1.6% in a week (0% probabilities). VIXM(-44%) UUP(-27%) VXX(-17%) TBT(-13%) 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 | -1.6% (StdDev 3.2%) |
Hourly BBV | 1.9 () |
Intraday Trend | 4.1% |
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