| TAN latest price $53.0600 (4.78%) ($51.7900 - $53.2190) on Thu. Dec. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.04% (three month average) |
RSI | 63 |
Latest Price | $53.0600(4.78%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.9% a day on average for past five trading days. |
Weekly Trend | TAN advances 5.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) FIVG(99%) REMX(98%) XHB(98%) ARKG(97%) XOP(97%) |
Factors Impacting TAN price | TAN will decline at least -1.52% in a week (0% probabilities). TBT(-60%) VXX(-40%) VIXM(-37%) UUP(-22%) EDOC(-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 | -1.52% (StdDev 3.04%) |
Hourly BBV | 0.6 () |
Intraday Trend | 2.5% |
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