TAN Invesco Solar ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index... Show more
TAN sees its Stochastic Oscillator ascends from oversold territory
On June 25, 2025, the Stochastic Oscillator for TAN moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 59 instances where the indicator left the oversold zone. In of the 59 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 27, 2025. You may want to consider a long position or call options on TAN as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TAN advanced for three days, in of 262 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 168 cases where TAN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for TAN moved out of overbought territory on June 17, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 25 similar instances where the indicator moved out of overbought territory. In of the 25 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for TAN turned negative on June 17, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
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General Information
Category MiscellaneousSector
TAN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, TAN has been closely correlated with ICLN. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if TAN jumps, then ICLN could also see price increases.
| Ticker / NAME | Correlation To TAN | 1D Price Change % | ||
|---|---|---|---|---|
| TAN | 100% | N/A | ||
| ICLN - TAN | 94% Closely correlated | -0.69% | ||
| CTEC - TAN | 93% Closely correlated | -1.61% | ||
| RAYS - TAN | 83% Closely correlated | -0.75% | ||
| FRNW - TAN | 82% Closely correlated | -0.62% | ||
| ACES - TAN | 82% Closely correlated | -1.27% | ||
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