| TAN latest price $43.4500 (-1.32%) ($43.3600 - $44.2450) on Mon. Mar. 25, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.36% (three month average) |
RSI | 54 |
Latest Price | $43.4500(-1.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.3% a day on average for past five trading days. |
Weekly Trend | TAN declines -1.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) IWM(82%) IWN(80%) IWO(79%) IVE(76%) XBI(76%) |
Factors Impacting TAN price | TAN will decline at least -1.18% in a week (0% probabilities). VXX(-64%) VIXM(-54%) UUP(-49%) GLD(6%) 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 | -1.18% (StdDev 2.36%) |
Hourly BBV | -1.7 () |
Intraday Trend | -0.4% |
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