TENNANT CO (TNC) Stock Technical Analysis
USA - NYSE:TNC - US8803451033 - Common Stock
Overall TNC gets a technical rating of 2 out of 10. In the last year, TNC was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, TNC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 83.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 81.35, a Stop Loss order could be placed below this zone.
More info and screens
78.72
When analyzing the support we notice one important area.
- A support zone ranging from 79.52 to 81.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 83.62 to 85.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @87.00 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 | NEUTRAL | NEUTRAL | The long term trend for TNC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TNC is neutral. |
| ChartMill Relative Strength | 22.87 | NEGATIVE | TNC has a low relative strength, it was outperformed by 77.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TNC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TNC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TNC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.98 | NEUTRAL | The RSI value for TNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TNC has a positive trend. |
| Stochastics (14,3) | 44.97 | NEUTRAL | The Stochastics value for TNC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for TNC suggests some volalility. |
| Average Directional Index/ADX (14) | 10.32 | NEGATIVE | The low ADX value for TNC suggests a weak or negative trend. |
NYSE:TNC (10/3/2025, 11:10:51 AM)
83.23
+1.41 (+1.72%)