TANTECH HOLDINGS LTD (TANH) Stock Technical Analysis
NASDAQ:TANH - Nasdaq - VGG8675X1565 - Common Stock - Currency: USD
Overall TANH gets a technical rating of 0 out of 10. TANH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TANH is a bad performer in the overall market: 97% of all stocks are doing better.
TANH is one of the lesser performing stocks in the Chemicals industry. 91% of 85 stocks in the same industry do better.
TANH is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TANH is lagging the market.
In the last month TANH has a been trading in the 1.90 - 4.05 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
TANH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.14, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TANH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.93
2.38
We found 2 important support areas.
- A support zone ranging from 2.10 to 2.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.95 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @2.21 from a trend line in the daily time frame.
- Resistance @2.30 from a horizontal line in the weekly time frame.
- Resistance @2.36 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for TANH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TANH is neutral. |
| ChartMill Relative Strength | 3.07 | NEGATIVE | TANH has a low relative strength, it was outperformed by 96.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TANH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TANH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TANH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.72 | NEUTRAL | The RSI value for TANH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TANH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 11.4 | OVERSOLD | The low Stochastics value suggests TANH may be oversold. |
| Average True Range in percent/ATR (20) | 12.78 | HIGH VOLATILITY | The high ATR as a percentage value for TANH suggests high volalility. |
| Average Directional Index/ADX (14) | 41.94 | POSITIVE | The high ADX value value for TANH suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:TANH (5/23/2025, 4:51:31 PM)
2.15
0 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.23%
1 Week0.95%
2 Weeks0.47%
1 Month-6.99%
3 Month-32.81%
6 Month-64.62%
12 Month-91.68%
2 Year-97.76%
3 Year-99.19%
5 Year-99.98%
10 Year-100%
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%12.78%
ATR Inc-63.97%
Range Today0.08
ADR(20)0.27
ADR(20)%12.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.07
Mansfield-7.71
10 Day High4.05
10 Day Low1.93
20 Day High4.05
20 Day Low1.9
52 Week High44
52 Week Low1.45
CS1 End2.14
CR1 Start2.21
Volume & EV
DER(3)5.08%
DER(5)3.23%
Volume39.42K
Volume Incr-86.88%
Vol(5)62.33K
Vol(50)221.27K