TENNANT CO (TNC)

US8803451033 - Common Stock

105.9  +0.15 (+0.14%)

After market: 105.9 0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to TNC. In the last year, TNC was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month TNC has a been trading in the 103.76 - 119.71 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, TNC did better than 81% of all other stocks. On top of that, TNC also shows a nice and consistent pattern of rising prices.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
TNC is part of the Machinery industry. There are 132 other stocks in this industry, TNC did better than 67% of them.
TNC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TNC is lagging the market.
Weekly and Daily overview Charts
TNC Weekly chart
TNC Daily chart
Setup Rating and Analysis

5

TNC has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

81.04

122.98

2 important support areas can be observed.

  • A support zone ranging from 105.23 to 105.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @81.86 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 114.18 to 115.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @118.55 from a horizontal line in the daily time frame.
  • Resistance @121.76 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.1
Mansfield0.32
10 Day High116.3
10 Day Low103.76
20 Day High119.71
20 Day Low103.76
52 Week High124.11
52 Week Low72.6
Performance
1 Week-1.95%
2 Weeks-7.75%
1 Month-8.44%
3 Month4.42%
6 Month20.71%
12 Month36.17%
2 Year70.15%
3 Year27.99%
5 Year83.82%
10 Year65.7%
15 Year479.64%
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)
Technical Indicators
MACD(12,26,9)-0.79
RSI(14)31.52
LBB100.88
UBB118.85
TNC Daily chart

TENNANT CO

NYSE:TNC (5/15/2024, 7:12:45 PM)

After market: 105.9 0 (0%)

105.9

+0.15 (+0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.14%
1 Week-1.95%
2 Weeks-7.75%
1 Month-8.44%
3 Month4.42%
6 Month20.71%
12 Month36.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.64
ATR(20)%2.46%
ATR Inc
Range Today2.97
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High116.3
10 Day Low103.76
20 Day High119.71
20 Day Low103.76
52 Week High124.11
52 Week Low72.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume111.90K
Volume Incr1.44%
Vol(5)114.04K
Vol(50)126.12K