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.
99% of all other stocks performed better in the past year than TANH.
TANH is one of the lesser performing stocks in the Chemicals industry. 94% 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. TANH is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month TANH has a been trading in the 1.45 - 2.38 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.