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Tennant Co V.TNC


Primary Symbol: TNC

Tennant Company is engaged in designing, manufacturing and marketing solutions. The Company’s products include floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in many types of environments, including factories and warehouses, distribution centers, office buildings, public venues, such as arenas and stadiums, schools and universities, hospitals and clinics, and more. The Company markets its offerings under various brands: Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei and Rongen brands as well as private-label brands. The Company has approximately 11 global manufacturing locations and operates in three geographic areas including the Americas, Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC).


NYSE:TNC - Post by User

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Post by retiredcfon Feb 09, 2017 8:01am
199 Views
Post# 25821285

Technical Analysis

Technical Analysis

TIO Networks Corp forms bullish "Flag" chart pattern
Feb 08, 2017

Recognia has detected a "Flag (Bullish)" chart pattern formed on TIO Networks Corp (TNC:TSXV). This bullish signal indicates that the stock price may rise from the close of $3.11 to the range of $3.57 - $3.67. The pattern formed over 14 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: The price seems to be resuming a sharp rally after taking a brief pause. A bullish Flag pattern occurs during a dynamic market rally, representing a brief pause as the market "catches its breath" before running off again in the same direction. The pattern consists of two parallel trend lines, often sloping downward against the prevailing uptrend, and is confirmed when the price breaks through the upper boundary to resume the rise. 

This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.

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