TENNANT CO (TNC) Stock Technical Analysis
NYSE:TNC - New York Stock Exchange, Inc. - US8803451033 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to TNC. In the past year, TNC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, TNC is a bad performer in the overall market: 78% of all stocks are doing better.
TNC is part of the Machinery industry. There are 129 other stocks in this industry, of which 65% are performing better than TNC.
TNC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TNC has a been trading in the 82.23 - 90.44 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Volume is considerably higher in the last couple of days.
TNC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
78.93
91.78
When analyzing the support we notice one important area.
- A support zone ranging from 79.73 to 80.35. 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 87.48 to 87.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @89.16 from a horizontal line in the daily time frame.
- Resistance @90.87 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.22
Mansfield-1.75
10 Day High90.44
10 Day Low83.26
20 Day High90.44
20 Day Low82.23
52 Week High124.11
52 Week Low78.57
Performance
1 Week-1.55%
2 Weeks1.5%
1 Month0.54%
3 Month-3.16%
6 Month-9.46%
12 Month-18.22%
2 Year22.65%
3 Year10.26%
5 Year21.41%
10 Year32.87%
15 Year264.04%
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)0.04
RSI(14)51.91
LBB84.09
UBB89.74
86.86
-2.3 (-2.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.58%
1 Week-1.55%
2 Weeks1.5%
1 Month0.54%
3 Month-3.16%
6 Month-9.46%
12 Month-18.22%
2 Year22.65%
3 Year10.26%
5 Year21.41%
10 Year32.87%
15 Year264.04%
Volatility
ATR(14)2.84
ATR(20)%2.94%
ATR Inc18.33%
Range Today3.76
ADR(20)2.5
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.22
Mansfield-1.75
10 Day High90.44
10 Day Low83.26
20 Day High90.44
20 Day Low82.23
52 Week High124.11
52 Week Low78.57
CS1 End80.35
CR1 Start87.48
Volume & EV
DER(3)-0.11%
DER(5)0.69%
Volume319.00K
Volume Incr186.73%
Vol(5)382.74K
Vol(50)189.20K