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Tennant Co Down 26.4% Since SmarTrend Downtrend Call (TNC)

By James Quinn

SmarTrend identified a Downtrend for Tennant Co (NYSE:TNC) on August 24th, 2018 at $75.33. In approximately 3 months, Tennant Co has returned 26.42% as of today's recent price of $55.42.

Over the past year, Tennant Cohas traded in a range of $54.82 to $86.03 and are now at $55.42. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.4%.

Tennant Company designs, manufactures, and sells non-residential floor maintenance equipment, floor coatings, and related products. The Company's products include scrubbers, sweepers, extractors, burnishers, buffers, floor coatings, and full-service equipment support. Tennant sells its products around the world.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Tennant Co.

Log in and add Tennant Co (TNC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights tennant co

Ticker(s): TNC