| TAN latest price $45.4900 (3.15%) ($44.0000 - $45.7450) on Fri. Feb. 9, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.86% (three month average) |
RSI | 56 |
Latest Price | $45.4900(3.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 1.5% a day on average for past five trading days. |
Weekly Trend | TAN declines -0.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(75%) IWM(74%) IWO(69%) IVE(64%) JETS(55%) |
Factors Impacting TAN price | TAN will decline at least -1.43% in a week (0% probabilities). UUP(-52%) VXX(-43%) VIXM(-37%) GLD(19%) SMH(22%) |
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 | -1.43% (StdDev 2.86%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.6% |
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