TANTECH HOLDINGS LTD (TANH)

VGG8675X1490 - Common Stock

0.157  +0.01 (+4.74%)

After market: 0.1526 0 (-2.8%)

Technical Rating and Analysis

1

Overall TANH gets a technical rating of 1 out of 10. TANH 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
94% of all other stocks performed better in the past year than TANH.
TANH is part of the Chemicals industry. There are 83 other stocks in this industry, of which 89% are performing better than TANH.
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.
TANH has an average volume of 6393270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TANH has a been trading in the 0.14 - 0.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
TANH Weekly chart
TANH Daily chart
Setup Rating and Analysis

8

TANH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.15, 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.
Support and Resistance Analysis

0.14

0.17

We found 2 important support areas.

  • A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS6.55
Mansfield-7.17
10 Day High0.18
10 Day Low0.14
20 Day High0.18
20 Day Low0.14
52 Week High1.62
52 Week Low0.12
Performance
1 Week5.02%
2 Weeks6.8%
1 Month5.8%
3 Month-1.87%
6 Month-79.61%
12 Month-84.46%
2 Year-92.7%
3 Year-99.86%
5 Year-99.96%
10 YearN/A
15 YearN/A
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
RSI(14)51.3
LBB0.14
UBB0.17
TANH Daily chart

TANTECH HOLDINGS LTD

NASDAQ:TANH (12/20/2024, 8:00:00 PM)

After market: 0.1526 0 (-2.8%)

0.157

+0.01 (+4.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg4.74%
1 Week5.02%
2 Weeks6.8%
1 Month5.8%
3 Month-1.87%
6 Month-79.61%
12 Month-84.46%
2 Year-92.7%
3 Year-99.86%
5 Year-99.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%9.88%
ATR Inc17.97%
Range Today0.03
ADR(20)0.01
ADR(20)%9.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.55
Mansfield-7.17
10 Day High0.18
10 Day Low0.14
20 Day High0.18
20 Day Low0.14
52 Week High1.62
52 Week Low0.12
CS1 End0.15
CR1 Start0.17
Volume & EV
DER(3)7.19%
DER(5)3.66%
Volume14.40M
Volume Incr179.47%
Vol(5)16.39M
Vol(50)6.39M