| TAN latest price $70.3500 (-3.42%) ($69.0800 - $72.5000) on Wed. Mar. 2, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 55 |
Latest Price | $70.3500(-3.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 3.2% a day on average for past five trading days. |
Weekly Trend | TAN advances 4.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) VT(63%) ICLN(61%) XAR(61%) XLY(60%) XRT(59%) |
Factors Impacting TAN price | TAN will decline at least -1.65% in a week (0% probabilities). VIXM(-43%) UUP(-31%) TBT(-18%) VXX(-12%) EDOC(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.65% (StdDev 3.3%) |
Hourly BBV | -0.6 () |
Intraday Trend | -1.8% |
| |
|
|