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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Invesco Solar ETF (PACF:TAN)
Sidelines Mode (+55) - TAN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TAN?
MarketClub looks at technical strength and momentum to determine if the timing is right for TAN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TAN
The long-term trend has been DOWN since Oct 13th, 2022 at 65.90
The intermediate-term trend has been UP since May 7th, 2024 at 43.59
The short-term trend has been DOWN since May 8th, 2024 at 42.35
Smart Scan Analysis for TAN
Based on our trend formula, TAN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.6100 | 42.6235 | 41.8900 | 42.4900 | -0.5700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.4800 | 539091 | 2024-05-08 15:59:41 |
| Year High | 27.0673 | Year High Date | 2018-05-22 |
| Year Low | 17.465 | Year Low Date | 2018-10-29 |
| 52wk High | 74.71 | 52wk High Date | 2023-07-18 |
| 52wk Low | 38.83 | 52wk Low Date | 2024-04-25 |
| Year End Close | 15.64 | Average Volume | 1,296,377 |
| Shares Outstanding | 8,488 | Assets | 633M |
| Beta | 2.16 | Volatility | 35.41 |