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Is Tantech Holdings Ltd (TANH) a Stock to Watch After Gaining 2.44% This Week?

Friday, November 26, 2021 10:05 AM | InvestorsObserver Analysts
Is Tantech Holdings Ltd (TANH) a Stock to Watch After Gaining 2.44% This Week?

The market has been high on Tantech Holdings Ltd (TANH) stock recently. TANH gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Tantech Holdings Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TANH!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With TANH Stock Today?

Tantech Holdings Ltd (TANH) stock is trading at $0.84 as of 9:58 AM on Friday, Nov 26, a loss of -$0.08, or -8.9% from the previous closing price of $0.92. The stock has traded between $0.81 and $0.87 so far today. Volume today is light. So far 301,777 shares have traded compared to average volume of 753,830 shares. To screen for more stocks like Tantech Holdings Ltd click here.

More About Tantech Holdings Ltd

Tantech Holdings Ltd manufactures bamboo charcoal-based products. The company through its subsidiaries is engaged in the production and distribution of household products along with trading business which involves the export of charcoal products. It also manufactures electric double-layer capacitors carbon materials and low emission barbecue charcoal. Its product portfolio includes air purifiers and humidifiers, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mousepads, and wrist mats, refrigerator deodorant, and charcoal toilet cleaner disks. Its segments are Consumer products, Electric vehicles, and Trading. Click Here to get the full Stock Report for Tantech Holdings Ltd stock.

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