Tennant Company (TNC)

Tennant Company is trading at $66.44, down 0.30% on the session. The 50 day average sits at $67.70 and the 200 day at $76.11, which puts the stock in a downtrend. RSI is at 45.9, which reads as neutral, and MACD is bullish crossover. Volume is average.

The nearest support is around $65.88 with resistance near $68.15, so that band frames the current range. Average daily movement is roughly $1.91, or about 2.9% of the share price, which is what any stop placement has to allow for. The overall health score of 39 out of 100 combines a trend score of 0, momentum of 63 and a risk score of 67.

Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers manual and autonomous mechanized cleaning equipment for industrial and commercial use, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, and equipment maintenance and repair services. It also provides business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions. In addition, the company offers robotic cleaning equipment; IRIS, an asset management solution; ec-H2O NanoClean, a detergent-free cleaning solution; and ReadySpace, a rapid-drying carpet cleaning technology. It offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei, and Rongen brands, as well as private-label brands. The company serves retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, and others. It markets its products to contract cleaners and businesses through direct sales and service organizations, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota.