| TAN latest price $43.9700 (-3.41%) ($43.2300 - $44.1600) on Wed. Apr. 10, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 50 |
Latest Price | $43.9700(-3.41%) |
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 advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based 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(81%) IWO(80%) IWN(78%) XBI(76%) IVE(70%) |
Factors Impacting TAN price | TAN will decline at least -1.255% in a week (0% probabilities). VXX(-67%) UUP(-62%) VIXM(-59%) GLD(-3%) XLE(24%) |
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 | -1.255% (StdDev 2.51%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0.4% |
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