| TAN latest price $47.3000 (3.98%) ($45.6700 - $47.9600) on Mon. Feb. 12, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 56 |
Latest Price | $47.3000(3.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 2.9% a day on average for past five trading days. |
Weekly Trend | TAN advances 1.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(62%) JETS(55%) |
Factors Impacting TAN price | TAN will decline at least -1.45% in a week (0% probabilities). UUP(-49%) VXX(-42%) VIXM(-36%) GLD(16%) XLE(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 | -1.45% (StdDev 2.9%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.4% |
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