| TAN latest price $55.9200 (-2.07%) ($55.6000 - $56.9450) on Fri. Sep. 15, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 51 |
Latest Price | $55.9200(-2.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.1% a day on average for past five trading days. |
Weekly Trend | TAN declines -1.2% 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) ICLN(97%) ACES(84%) XRT(80%) IBUY(79%) IWM(79%) |
Factors Impacting TAN price | TAN will decline at least -0.92% in a week (0% probabilities). VXX(-37%) VIXM(-35%) TBT(-35%) UUP(-28%) EDOC(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.92% (StdDev 1.84%) |
Hourly BBV | -1.1 () |
Intraday Trend | -0.9% |
| |
|
|