Invesco Solar ETF (TAN)
NYSEArca
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
Invesco Solar ETF is trading at $39.75, down 3.47% on the session. The 50 day average sits at $45.54 and the 200 day at $54.29, which puts the stock in a downtrend. RSI is at 35.2, which reads as weak, and MACD is bearish crossover. Volume is average.
The nearest support is around $40.44 with resistance near $44.57, so that band frames the current range. Average daily movement is roughly $1.21, or about 3.0% of the share price, which is what any stop placement has to allow for. The overall health score of 30 out of 100 combines a trend score of 3, momentum of 26 and a risk score of 77.
Technical indicators
About Invesco Solar ETF
The fund will generally invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC, has contracted with S&P DJI Netherlands B.V. to calculate and administer the underlying index, which seeks to track the performance of companies in global solar energy businesses. The fund is non-diversified.