| TAN latest price $76.2500 (-0.39%) ($74.8700 - $76.3150) on Thu. Mar. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 49 |
Latest Price | $76.2500(-0.39%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.4% a day on average for past five trading days. |
Weekly Trend | TAN declines -1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) ICLN(96%) IWM(72%) IWN(71%) IWO(71%) VT(70%) |
Factors Impacting TAN price | TAN will decline at least -1.055% in a week (0% probabilities). VIXM(-38%) UUP(-28%) TBT(-20%) EDOC(-18%) VXX(-11%) |
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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.3% |
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