| TAN latest price $63.4100 (3.21%) ($61.3400 - $63.8800) on Fri. Feb. 4, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 35 |
Latest Price | $63.4100(3.21%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.9% a day on average for past five trading days. |
Weekly Trend | TAN declines -2.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) VT(64%) ICLN(63%) XAR(62%) XLY(62%) VUG(60%) |
Factors Impacting TAN price | TAN will decline at least -1.385% in a week (0% probabilities). VIXM(-45%) UUP(-32%) TBT(-16%) VXX(-13%) EDOC(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.385% (StdDev 2.77%) |
Hourly BBV | 0.7 () |
Intraday Trend | 3.2% |
| |
|
|