| TAN latest price $44.0900 (2.44%) ($42.5000 - $44.4000) on Wed. Mar. 20, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 55 |
Latest Price | $44.0900(2.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.1% a day on average for past five trading days. |
Weekly Trend | TAN declines -0.8% 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) IWM(77%) IWN(77%) IWO(72%) IVE(71%) XBI(69%) |
Factors Impacting TAN price | TAN will decline at least -1.23% in a week (0% probabilities). VXX(-53%) VIXM(-51%) UUP(-47%) GLD(11%) XLE(20%) |
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 | -1.23% (StdDev 2.46%) |
Hourly BBV | 3.5 () |
Intraday Trend | 3.5% |
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