Solar (TAN) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for TAN · data as of Jun 30, 2026. The chart above is live; the read below updates daily.

$59.15last close · Jun 30, 2026

TAN rising wedge pattern

TAN is currently forming a Rising Wedge on the daily timeframe. Detected Jun 30, 2026.

A Rising Wedge usually breaks lower, but TAN is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $64.35 (+9.8%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R.

DirectionBullishTarget$64.35Projected move+9.8%Breakout level$59.19

TAN's most recent rising wedge trade

TAN's most recent completed Rising Wedge (which broke against type) resolved as a win: it broke higher on May 4, 2026 near $58.38, then reached its target at $60.97 on May 19, 2026 — a +0.88R move (4.4%) over 11 sessions. Across 51 backtested rising wedges, this setup wins 56.9% of the time.

OutcomeWinResult+0.88REntry$58.38Exit$60.97

How rising wedges have performed

Win rate
49.3%
Avg return
+0.13R
Backtested trades
14,154

Historical pattern statistics (1986-12-18 – 2026-06-11), not a prediction.

TAN support and resistance levels

On the weekly chart, the nearest level worth watching is a floor below near $56.53 — where price has steadied before.

  • There's no clear ceiling close by yet, so this one line is the main thing to watch — a floor often acts like a cushion.
  • Watch how price behaves as it approaches $56.53 — that's where the next read tends to form.

Nearest auto-detected support sits near $57.42, resistance near $74.09. These are chart/swing-derived levels, not formula pivots.

Resistance
$74.09
Support
$57.42$52.57$50.15

TAN recent daily prices

DateOpenHighLowClose
Jun 30, 2026$59.30$59.79$58.25$59.15
Jun 29, 2026$57.59$58.30$55.79$57.60
Jun 26, 2026$56.95$57.55$56.52$56.85
Jun 25, 2026$59.27$59.62$56.56$57.87
Jun 24, 2026$59.12$59.94$57.78$58.16
Jun 23, 2026$58.99$60.09$58.53$58.56
Jun 22, 2026$60.64$61.88$60.61$61.11
Jun 18, 2026$59.57$60.80$58.49$60.58
Jun 17, 2026$60.39$60.71$58.28$58.45
Jun 16, 2026$62.09$62.74$60.41$60.58

TAN frequently asked questions

What chart pattern is TAN forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Rising Wedge on Solar (TAN) on the daily chart, with a measured-move target of $64.35.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on TAN is a bullish pattern, projecting a measured-move target of $64.35. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Rising Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Rising Wedge family (14,154 trades over 516 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.13R. These are historical statistics, not a prediction.
What are the support and resistance levels for TAN?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), TAN's nearest support is around $57.42 and nearest resistance around $74.09.
What is the price target if TAN's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $64.35 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TAN's closing price on Jun 30, 2026?
Solar (TAN) last closed at $59.15 on Jun 30, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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