Technical Analysis for TAN - Invesco Solar ETF

Grade Last Price % Change Price Change
F 34.65 1.88% 0.64
TAN closed up 1.88 percent on Wednesday, November 20, 2024, on 80 percent of normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
5 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
New 52 Week Low Weakness 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 1.88%
NR7 Range Contraction 1.88%
Narrow Range Bar Range Contraction 1.88%
Inside Day Range Contraction 1.88%
Oversold Stochastic Weakness 1.88%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 21 hours ago
Outside Day about 21 hours ago
Fell Below Previous Day's Low about 21 hours ago
Up 1% about 21 hours ago
New 52 Week Low about 21 hours ago

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Profile

The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index. The fund will generally invest at least 90% of its total assets in the securities (including American depositary receipts (?ADRs?)) that comprise the index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC compiles, maintains, and calculates the index, which is designed to track the global solar energy equity sector. The fund is non-diversified.
Classification

Keywords: Exchange Traded Funds American Depositary Receipt

Top 10 Components

Symbol Grade Price % Change Allocation
FSLR F -1.35 9.67
ENPH F 3.29 6.55
RUN F 5.05 4.29
HASI F 1.08 3.37
ARRY F 4.43 3.08
CWEN C 0.50 2.99
DQ C 9.83 2.83
JKS D 7.64 2.72
AY A 0.09 2.33
SEDG F 3.87 2.30

Is TAN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 54.62
52 Week Low 33.79
Average Volume 1,193,386
200-Day Moving Average 41.90
50-Day Moving Average 39.05
20-Day Moving Average 37.27
10-Day Moving Average 35.24
Average True Range 1.30
RSI (14) 38.65
ADX 23.42
+DI 17.28
-DI 29.92
Chandelier Exit (Long, 3 ATRs) 37.99
Chandelier Exit (Short, 3 ATRs) 37.68
Upper Bollinger Bands 42.04
Lower Bollinger Band 32.51
Percent B (%b) 0.22
BandWidth 25.56
MACD Line -1.35
MACD Signal Line -1.06
MACD Histogram -0.2969
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 35.99
Resistance 3 (R3) 35.85 35.26 35.76
Resistance 2 (R2) 35.26 34.92 35.33 35.69
Resistance 1 (R1) 34.96 34.71 35.11 35.10 35.61
Pivot Point 34.37 34.37 34.45 34.44 34.37
Support 1 (S1) 34.07 34.03 34.22 34.21 33.69
Support 2 (S2) 33.48 33.82 33.55 33.61
Support 3 (S3) 33.18 33.48 33.54
Support 4 (S4) 33.32