| TAN latest price $43.3900 (-1.72%) ($43.0050 - $44.3100) on Mon. Mar. 4, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.82% (three month average) |
RSI | 37 |
Latest Price | $43.3900(-1.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.7% a day on average for past five trading days. |
Weekly Trend | TAN declines -3.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) IWM(77%) IWN(77%) IWO(71%) IVE(66%) DIA(59%) |
Factors Impacting TAN price | TAN will decline at least -1.41% in a week (0% probabilities). UUP(-48%) VXX(-46%) VIXM(-42%) GLD(16%) XLE(28%) |
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 | -1.41% (StdDev 2.82%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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