| TAN latest price $53.6600 (2.03%) ($52.4350 - $53.9050) on Tue. Dec. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.06% (three month average) |
RSI | 66 |
Latest Price | $53.6600(2.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.2% a day on average for past five trading days. |
Weekly Trend | TAN advances 6.6% 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) IWN(74%) IWM(73%) IWO(69%) IVE(62%) XBI(55%) |
Factors Impacting TAN price | TAN will decline at least -1.53% in a week (0% probabilities). VXX(-42%) VIXM(-38%) UUP(-15%) XLE(20%) SMH(24%) |
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 | -1.53% (StdDev 3.06%) |
Hourly BBV | 2.3 () |
Intraday Trend | 2.2% |
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