Solar(TAN)

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

Auto-detected technical analysis for TAN · data as of Aug 14, 2026. The chart above is live; the read below updates daily.

$51.97last close · Aug 14, 202652-week range $36.11 – $75.60 · 31.26% below the high

TAN Rising Wedge Pattern

TAN is currently forming a rising wedge on the daily timeframe. Detected Aug 14, 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 $64.39 (+9.6%). Across 9,362 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.01R; TAN's own rising wedges have hit 63.6%.

DirectionBullishTarget$64.39Projected move+9.6%Breakout level$59.34

New to this pattern? What a rising wedge is and how to trade it →

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 5, 2026 near $59.90, then reached its target at $60.97 on May 19, 2026 — a +0.24R move (1.8%) over 10 sessions. Across 64 backtested rising wedges, this setup wins 57.8% of the time.

OutcomeWinResult+0.24REntry$59.90Exit$60.97

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
49.3%
Avg return
+0.01R
Backtested trades
9,362
TAN win rate
63.6%

Historical pattern statistics (2006-08-14 – 2026-08-14), not a prediction.

How these backtests work →

TAN Pattern Trade History

Every completed pattern trade our nightly backtest found on TAN's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeMay 5, 2026 @ $59.90May 19, 2026 @ $60.97Win+0.24R
TriangleApr 22, 2026 @ $56.44May 19, 2026 @ $60.97Win+1.69R
Bullish PennantApr 8, 2026 @ $55.66May 19, 2026 @ $60.97Win+1.62R
Rising WedgeFeb 26, 2026 @ $58.28Feb 27, 2026 @ $54.97Win+1.20R
TriangleJan 12, 2026 @ $51.70Feb 26, 2026 @ $57.58Win+2.19R
Rising WedgeNov 13, 2025 @ $49.34Nov 21, 2025 @ $45.07Win+0.98R
Bullish PennantNov 5, 2025 @ $50.30Nov 20, 2025 @ $45.66Loss-1.52R
Bullish PennantJul 1, 2025 @ $35.71Sep 2, 2025 @ $40.98Win+1.22R
Falling WedgeApr 4, 2025 @ $29.23May 13, 2025 @ $34.72Loss-1.23R
TriangleMar 3, 2025 @ $32.47Apr 4, 2025 @ $29.07Win+1.00R
Falling WedgeAug 26, 2024 @ $42.57Sep 3, 2024 @ $39.82Loss-1.07R
Falling WedgeAug 14, 2024 @ $40.99Oct 17, 2024 @ $37.02Loss-1.11R

Recent Rising Wedges on Other Charts

TNAstopped −14.1%Aug 14, 2026IWMstopped −1.5%Aug 13, 2026MRKstopped −5.8%Aug 13, 2026EWZhit target +4.8%Aug 11, 2026

Learn about rising wedge

TAN Support and Resistance Levels

Price was turned away at a ceiling near $75.65 about 2 months ago and has been sliding since. On the weekly chart, the next floor below sits near $44.66 — still about 14% away.

  • Traders commonly watch $44.66 as a target (its 61.8% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $75.65 ceiling about 2 months ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $44.66, resistance near $70.13. These are chart/swing-derived levels, not formula pivots.

Resistance
$70.13$72.54
Support
$44.66$25.50

TAN Recent Daily Prices

DateOpenHighLowClose
Aug 14, 2026$52.04$52.93$51.80$51.97
Aug 13, 2026$52.56$52.93$52.05$52.47
Aug 12, 2026$53.97$54.01$52.24$52.33
Aug 11, 2026$52.83$53.23$52.42$52.70
Aug 10, 2026$52.74$52.86$51.73$51.86
Aug 7, 2026$52.71$53.60$52.00$52.75
Aug 6, 2026$50.81$52.23$50.11$51.25
Aug 5, 2026$52.12$52.52$50.80$51.27
Aug 4, 2026$52.25$53.70$51.85$53.37
Aug 3, 2026$49.62$51.49$49.40$51.24

TAN Frequently Asked Questions

What chart pattern is TAN forming right now?
As of Aug 14, 2026, TradingPal's detector identifies a rising wedge on Solar (TAN) on the daily chart, with a measured-move target of $64.39.
Is a rising wedge bullish or bearish?
The rising wedge detected on TAN is a bullish pattern, projecting a measured-move target of $64.39. 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 (9,362 trades over 631 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.01R. 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 Aug 14, 2026), TAN's nearest support is around $44.66 and nearest resistance around $70.13.
What is the price target if TAN's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $64.39 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TAN's closing price on Aug 14, 2026?
Solar (TAN) last closed at $51.97 on Aug 14, 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.