| TAN latest price $74.5900 (0.95%) ($73.7630 - $76.7800) on Wed. Nov. 9, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.47% (three month average) |
RSI | 74 |
Latest Price | $74.5900(0.95%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.3% a day on average for past five trading days. |
Weekly Trend | TAN advances 4.1% 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(69%) XLI(66%) VYM(64%) XLB(64%) XRT(64%) |
Factors Impacting TAN price | TAN will decline at least -1.235% in a week (0% probabilities). VIXM(-41%) UUP(-30%) TBT(-25%) VXX(-11%) SMH(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.235% (StdDev 2.47%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.6% |
| |
|
|