| TAN latest price $45.0700 (-0.66%) ($44.7600 - $45.8950) on Mon. Apr. 1, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 41 |
Latest Price | $45.0700(-0.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | TAN advances 0.5% a day on average for past five trading days. |
Weekly Trend | TAN advances 0.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TAN advance at 0% a week (0% probability) IWM(82%) IWN(81%) IWO(79%) XBI(78%) IVE(75%) |
Factors Impacting TAN price | TAN will decline at least -1.22% in a week (0% probabilities). VXX(-63%) VIXM(-54%) UUP(-51%) GLD(2%) 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 | -1.22% (StdDev 2.44%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.5% |
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