| TAN latest price $84.1700 (0.98%) ($81.1500 - $85.3900) on Tue. Aug. 2, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.33% (three month average) |
RSI | 77 |
Latest Price | $84.1700(0.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 2.9% a day on average for past five trading days. |
Weekly Trend | TAN advances 8.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) VT(67%) XLB(65%) XLI(65%) XLRE(64%) VFMO(62%) |
Factors Impacting TAN price | TAN will decline at least -1.665% in a week (0% probabilities). VIXM(-43%) UUP(-35%) TBT(-24%) VXX(-12%) UNG(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.665% (StdDev 3.33%) |
Hourly BBV | 0.2 () |
Intraday Trend | 3.4% |
| |
|
|