Technical Analysis for TAN - Invesco Solar ETF

Grade Last Price % Change Price Change
F 40.54 4.00% 1.56
TAN closed up 4.0 percent on Wednesday, July 3, 2024, on 1.24 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
5 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Morning Star Bullish 0.00%
Multiple of Ten Bullish Other 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 4.00%
New Downtrend Bearish 4.00%
Doji - Bullish? Reversal 4.00%
New 52 Week Low Weakness 4.00%
Down 3 Days in a Row Weakness 4.00%
Oversold Stochastic Weakness 4.00%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 10 hours ago
2x Volume Pace about 10 hours ago
1.5x Volume Pace about 10 hours ago
Up 1 ATR about 10 hours ago
Up 3% about 10 hours ago

Free Daily (Stock) Chart Reading

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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 C 6.63 16.68
ENPH F 3.55 8.62
HASI D 2.53 5.68
RUN F 11.05 4.50
ARRY F 4.98 3.47
SEDG F 4.41 2.77
CWEN D 1.08 2.17
SHLS F 0.50 2.01
NOVA D 7.54 1.77
JKS D 5.56 1.70

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 74.6403
52 Week Low 38.68
Average Volume 1,276,803
200-Day Moving Average 45.34
50-Day Moving Average 43.86
20-Day Moving Average 44.11
10-Day Moving Average 41.39
Average True Range 1.47
RSI (14) 38.27
ADX 26.14
+DI 18.77
-DI 34.17
Chandelier Exit (Long, 3 ATRs) 45.51
Chandelier Exit (Short, 3 ATRs) 43.10
Upper Bollinger Bands 50.24
Lower Bollinger Band 37.98
Percent B (%b) 0.21
BandWidth 27.80
MACD Line -1.48
MACD Signal Line -0.82
MACD Histogram -0.658
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 42.82
Resistance 3 (R3) 42.59 41.59 42.44
Resistance 2 (R2) 41.59 41.01 41.71 42.31
Resistance 1 (R1) 41.07 40.65 41.33 41.30 42.19
Pivot Point 40.07 40.07 40.21 40.19 40.07
Support 1 (S1) 39.55 39.49 39.81 39.78 38.89
Support 2 (S2) 38.55 39.13 38.67 38.77
Support 3 (S3) 38.03 38.55 38.64
Support 4 (S4) 38.26