| TAN latest price $39.7900 (-1.29%) ($38.8300 - $39.8780) on Thu. Apr. 25, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 35 |
Latest Price | $39.7900(-1.29%) |
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 -4.5% 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) XBI(70%) IVE(69%) TLT(64%) IWN(61%) IWM(54%) |
Factors Impacting TAN price | TAN will decline at least -1.215% in a week (0% probabilities). UUP(-63%) GLD(-62%) VXX(-41%) VIXM(-35%) GDX(-11%) |
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 | -1.215% (StdDev 2.43%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0.7% |
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