Tennant's 15min chart shows Bollinger Bands Narrowing, Bearish Marubozu signal.

The 15-minute chart for Tennant's stock recently exhibited Bollinger Bands Narrowing, accompanied by a Bearish Marubozu at 07/18/2025 15:30. This technical indicator signifies a decrease in the magnitude of stock price fluctuations, which suggests that sellers are currently in control of the market. Consequently, it is likely that bearish momentum will persist.

Tennant Company's (NYSE: TNC) stock recently displayed significant bearish indicators on its 15-minute chart. On July 18, 2025, at 15:30, the chart exhibited Bollinger Bands Narrowing accompanied by a Bearish Marubozu candle. These technical indicators suggest a decrease in the magnitude of stock price fluctuations, indicating that sellers are currently in control of the market. As a result, bearish momentum is likely to persist.

Bollinger Bands Narrowing typically signifies a reduction in market volatility and consolidation. The Bearish Marubozu candle, characterized by its lack of wicks, further emphasizes the dominance of sellers. The absence of wicks suggests that the entire range of the candle was traded, with no price movement outside of the open and close prices [1].

Historically, Tennant has shown a significant share price rise of 23% in the past couple of months. However, the current indicators suggest that this upward trend may be reversing. The company's high beta, indicating greater price volatility, means that any market downturn could lead to more pronounced declines in the stock price [2].

Analysts have noted that while Tennant's Return on Equity (ROE) is not particularly high at 11%, the company has shown a fairly decent growth in its net income, growing at a rate of 19% over the last year. The company's low three-year median payout ratio of 24% suggests that it is reinvesting a significant portion of its profits to drive growth [3].

Despite the positive earnings growth, the technical indicators point towards a potential decline in stock price. Investors should be cautious and consider the broader market trends and potential risks before making investment decisions.

References:
[1] https://www.ainvest.com/news/tennant-15min-chart-triggers-macd-death-cross-bearish-marubozu-signal-2507-49/
[2] https://simplywall.st/stocks/us/capital-goods/nyse-tnc/tennant/news/at-us8362-is-tennant-company-nysetnc-worth-looking-at-closel
[3] https://finance.yahoo.com/news/tennant-companys-nyse-tnc-recent-141531409.html