| TAN latest price $45.3900 (5.51%) ($43.2400 - $45.4200) on Wed. Mar. 27, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.45% (three month average) |
RSI | 51 |
Latest Price | $45.3900(5.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.6% a day on average for past five trading days. |
Weekly Trend | TAN declines -1% a week on average for past two weeks. |
Market Behavior | Value 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) XBI(80%) IWM(79%) IWN(77%) IWO(76%) IVE(72%) |
Factors Impacting TAN price | TAN will decline at least -1.225% in a week (0% probabilities). VXX(-59%) VIXM(-48%) UUP(-36%) GLD(1%) XLE(15%) |
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 | -1.225% (StdDev 2.45%) |
Hourly BBV | 1.9 () |
Intraday Trend | 5% |
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