| TAN latest price $74.6300 (-2.46%) ($74.6200 - $76.8900) on Thu. Jun. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 72 |
Latest Price | $74.6300(-2.46%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.2% a day on average for past five trading days. |
Weekly Trend | TAN advances 6.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) VT(67%) XLB(63%) XLI(63%) XLRE(63%) XLY(62%) |
Factors Impacting TAN price | TAN will decline at least -1.51% in a week (0% probabilities). VIXM(-45%) UUP(-34%) TBT(-20%) VXX(-12%) EDOC(9%) |
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 | -1.51% (StdDev 3.02%) |
Hourly BBV | -2.1 () |
Intraday Trend | -1.9% |
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