Solar(TAN)

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

Auto-detected technical analysis for TAN · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$53.72last close · Jul 22, 202652-week range $35.98 – $75.60 · 28.94% below the high

TAN Rising Wedge Pattern

TAN is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 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 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; TAN's own rising wedges have hit 75.0%.

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 1.8% move (+0.24R) over 10 sessions. Across 54 backtested rising wedges, this setup wins 61.1% of the time.

OutcomeWinResult+1.8%R+0.24REntry$59.90Exit$60.97

Learn about rising wedge

How Rising Wedges Have Performed

Win rate

50.4%

Avg return

+0.20R

Backtested trades

10,660

TAN win rate

75.0%

Historical pattern statistics (1987-01-30 – 2026-07-13), 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.

Pattern	Entry	Exit	Outcome	Result
Rising Wedge	May 5, 2026 @ $59.90	May 19, 2026 @ $60.97	Win	+9.6% · +0.24R
Triangle	Apr 20, 2026 @ $55.78	May 19, 2026 @ $60.97	Win	+9.9% · +2.58R
Bullish Pennant	Mar 26, 2026 @ $56.96	May 19, 2026 @ $60.97	Win	+17.8% · +0.88R
Triangle	Jan 12, 2026 @ $51.70	Feb 26, 2026 @ $57.58	Win	+16.9% · +2.19R
Rising Wedge	Nov 13, 2025 @ $49.34	Nov 21, 2025 @ $45.07	Win	+10.1% · +0.98R
Rising Wedge	Oct 9, 2025 @ $47.02	Nov 13, 2025 @ $48.48	Win	+9.3% · +0.61R
Bullish Pennant	Jul 1, 2025 @ $35.71	Sep 2, 2025 @ $40.98	Win	+17.5% · +1.22R
Falling Wedge	Apr 4, 2025 @ $29.23	May 13, 2025 @ $34.72	Loss	+16.1% · -1.23R
Triangle	Feb 28, 2025 @ $33.23	Apr 4, 2025 @ $29.07	Win	+14.0% · +1.58R
Triangle	Feb 18, 2025 @ $34.67	Feb 28, 2025 @ $32.35	Loss	+11.7% · -1.19R
Falling Wedge	Nov 6, 2024 @ $36.52	Mar 31, 2025 @ $30.54	Win	+16.5% · +1.12R
Falling Wedge	Aug 23, 2024 @ $41.11	Sep 3, 2024 @ $39.82	Loss	+18.4% · -1.15R

Recent Rising Wedges on Other Charts

LINstopped −4.3%Jul 21, 2026 EWstopped −7.5%Jul 20, 2026 SPGIstopped −8.3%Jul 16, 2026 BROhit target +6.9%Jul 15, 2026

Learn about rising wedge

TAN Support and Resistance Levels

Price was turned away at a ceiling near $86.79 about 8 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $51.07 — still about 5% away.

Traders commonly watch $51.07 as a target (its 50% 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 $86.79 ceiling about 8 weeks 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.

TAN Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$53.74	$54.53	$53.66	$53.72
Jul 21, 2026	$53.64	$54.05	$53.12	$53.74
Jul 20, 2026	$54.06	$54.06	$52.60	$52.69
Jul 17, 2026	$53.22	$54.77	$52.94	$53.90
Jul 16, 2026	$55.20	$55.22	$53.82	$54.18
Jul 15, 2026	$55.87	$56.98	$54.69	$55.80
Jul 14, 2026	$54.60	$55.54	$54.56	$55.13
Jul 13, 2026	$54.26	$54.60	$52.81	$53.12
Jul 10, 2026	$54.88	$55.55	$54.45	$54.96
Jul 9, 2026	$54.67	$55.33	$54.59	$54.95

TAN Frequently Asked Questions

What chart pattern is TAN forming right now?

As of Jul 22, 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 (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.

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 Jul 22, 2026?

Solar (TAN) last closed at $53.72 on Jul 22, 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.