INVESCO SOLAR ETF (TAN) Technical Analysis
NYSEARCA:TAN • US46138G7060
Current stock price
TAN Technical Rating and Analysis
Taking everything into account, TAN scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, TAN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, TAN did better than 88% of all other stocks. We also observe that the gains produced by TAN over the past year are nicely spread over this period.
- TAN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TAN is performing more or less in line with the market.
- TAN has an average volume of 1450460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month TAN has a been trading in the 51.80 - 57.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
TAN Weekly and Daily overview Charts
TAN Setup Rating and Analysis
TAN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 54.20, a Stop Loss order could be placed below this zone.
More info and screens
TAN Support and Resistance Analysis
45.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 52.88 to 53.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.93 from a horizontal line in the daily time frame.
- Support @45.95 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 55.20 to 56.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 59.78 to 60.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
TAN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TAN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TAN is neutral. |
| ChartMill Relative Strength | 88.89 | POSITIVE | TAN has a high relative strength, it outperformed 88.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TAN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TAN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.49 | NEUTRAL | The RSI value for TAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TAN has a negative trend. |
| Stochastics (14,3) | 58.75 | NEUTRAL | The Stochastics value for TAN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for TAN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.97 | NEGATIVE | The low ADX value for TAN suggests a weak or negative trend. |
TAN Chart- and CandleStick Pattern Analysis
TAN Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 56.37 | 52.87 | 3.50 (6.21%) | 16.11% |
| An entry @56.37. This is a Buy Stop order right above the resistance zone. | An exit @52.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.50 points, which is 6.21%. | For a 1.00% total portfolio risk, you can invest 16.11% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TAN Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:TAN (4/6/2026, 12:50:13 PM)
54.15
-0.7 (-1.28%)
INVESCO SOLAR ETF / TAN TA FAQ
Can you provide the ChartMill technical rating for INVESCO SOLAR ETF?
ChartMill assigns a technical rating of 9 / 10 to TAN.
What is the trend direction for TAN stock?
The current trend direction for INVESCO SOLAR ETF (TAN) is Bullish.
Can you provide the RSI signal for INVESCO SOLAR ETF?
INVESCO SOLAR ETF (TAN) has an RSI value of 47.4919. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INVESCO SOLAR ETF?
The MACD indicator for INVESCO SOLAR ETF (TAN) has a value of -0.0582906, indicating a bearish trend.
Can you provide the short term momentum for INVESCO SOLAR ETF?
The short term momentum for INVESCO SOLAR ETF (TAN) is neutral.