| TAN latest price $85.7200 (-2.02%) ($85.6000 - $89.3500) on Fri. Aug. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 52 |
Latest Price | $85.7200(-2.02%) |
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 declines -1.5% 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(65%) XLI(65%) XLRE(64%) XRT(64%) |
Factors Impacting TAN price | TAN will decline at least -1.425% in a week (0% probabilities). VIXM(-43%) UUP(-35%) TBT(-27%) VXX(-12%) SMH(12%) |
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 | -1.425% (StdDev 2.85%) |
Hourly BBV | -1 () |
Intraday Trend | -2.9% |
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