TENNANT CO (TNC) Technical Analysis
NYSE:TNC • US8803451033
Current stock price
63.71 USD
+0.43 (+0.68%)
At close:
63.71 USD
0 (0%)
After Hours:
TNC Technical Rating and Analysis
Overall TNC gets a technical rating of 0 out of 10. TNC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TNC is a bad performer in the overall market: 84% of all stocks are doing better.
- TNC is part of the Machinery industry. There are 131 other stocks in this industry, of which 78% are performing better than TNC.
- TNC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TNC is lagging the market.
- TNC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
TNC Weekly and Daily overview Charts
TNC Setup Rating and Analysis
TNC has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
TNC Support and Resistance Analysis
60.29
86.19
We found 1 important support area.
- A support zone ranging from 60.90 to 61.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 63.72 to 63.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 82.44 to 83.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @85.34 from a horizontal line in the daily time frame.
TNC 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 | DOWN | NEGATIVE | The long term trend for TNC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TNC is down. |
| ChartMill Relative Strength | 16.25 | NEGATIVE | TNC has a low relative strength, it was outperformed by 83.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TNC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TNC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TNC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.68 | NEUTRAL | The RSI value for TNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TNC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.52 | NEUTRAL | The Stochastics value for TNC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for TNC suggests some volalility. |
| Average Directional Index/ADX (14) | 34.98 | POSITIVE | The high ADX value value for TNC suggests a strong trend. |
TNC Chart- and CandleStick Pattern Analysis
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)
TNC Technicals: Chart, Performance Metrics, Trend & Indicators
63.71
+0.43 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.68%
1 Week3.68%
2 Weeks4.39%
1 Month-21.93%
3 Month-17.26%
6 Month-21.37%
12 Month-24.58%
2 Year-47.61%
3 Year-7.03%
5 Year-20.25%
10 Year23.76%
15 Year51.55%
Volatility
ATR(14)3.45
ATR(20)%4.83%
ATR Inc-49.01%
Range Today1.62
ADR(20)2.34
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.25
3 months CRS21.09
6 months CRS20.89
Mansfield-2.06
10 Day High64.75
10 Day Low60.18
20 Day High85.91
20 Day Low60.18
52 Week High85.91
52 Week Low60.18
CS1 End61.02
CR1 Start63.72
Volume & EV
DER(3)8.17%
DER(5)8.06%
Volume337.70K
Volume Incr37.43%
Vol(5)372.34K
Vol(50)199.27K
TENNANT CO / TNC TA FAQ
What is the ChartMill technical rating of TENNANT CO (TNC) stock?
ChartMill assigns a technical rating of 0 / 10 to TNC.
Can you provide the trend direction for TENNANT CO?
The current trend direction for TENNANT CO (TNC) is Bearish.
What is the RSI signal for TENNANT CO (TNC) stock?
TENNANT CO (TNC) has an RSI value of 33.6752. This indicates that the stock is currently neutral.
What is the MACD signal for TENNANT CO (TNC) stock?
The MACD indicator for TENNANT CO (TNC) has a value of -0.0331362, indicating a bearish trend.
What is the short term momentum for TENNANT CO (TNC) stock?
The short term momentum for TENNANT CO (TNC) is negative.