| TAN latest price $45.6300 (0.33%) ($44.5500 - $45.9100) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 66 |
Latest Price | $45.6300(0.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.9% a day on average for past five trading days. |
Weekly Trend | TAN advances 3.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) DRIV(90%) XME(88%) BOTZ(87%) XHB(86%) ARKG(85%) |
Factors Impacting TAN price | TAN will decline at least -1.28% in a week (0% probabilities). TBT(-40%) VXX(-33%) UUP(-28%) VIXM(-26%) URA(14%) |
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 | -1.28% (StdDev 2.56%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.6% |
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