Amber ListRecovering

TNCTennant Company

Industrials · Specialty Industrial Machinery · small-cap ($1.2B)
-28.6%
from rolling 252-day high of $91.52 set 2026-06-25 · 113d ago
Current
$65.35
Decline depth
-28.6%
Decline σ
4.3σ
TFC
3/5 bearish

Where it stands

On the Amber List.

Held on the Amber List: it last met the Amber List rules. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.

Snapshot . Price structure, not a judgment about the business.

A bullish structural signal is also active. The Recovering badge coexists with the decline tier; it does not establish a completed recovery.

What changed

Since the previous observation.

Tier and recovery signal are unchanged between these two observations.

Comparing with . This compares classification, not price returns.

See the recorded timeline →

Why it is flagged

TNC is held on the Amber List.

Held on the Amber List: it last met the Amber List rules. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.

Inspect the three classification measures
Decline depth
-28.6%
From rolling 252-day high of $91.52, 113d ago. Past the 20% Watch threshold.
Time-frame continuity
3/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3. Past the 3/5 Watch threshold.
Decline sigma
4.3σ
Drop over the last 10 bars in units of daily volatility (1.36%/day). Past the ≥4σ Watch threshold.

Price history

The price path behind the snapshot.

Daily prices with the rolling-high reference. When a recorded classification event falls on a displayed trading date, it is marked on the chart.

Rolling 252-day high Gold dots: recorded classification events (see timeline) Up day Down day 90 daily bars from Alpaca · through

The recorded history

A timeline of observations.

First observed 2026-05-15. These are scan observations, not exact transition times or the start of a decline. Missing scan dates are not filled in.

  1. Amber List → Amber List; recovery signal active
  2. Amber List; recovery signal active → Amber List
  3. Amber List → Amber List; recovery signal active
  4. Watch → Amber List
  5. Watch; recovery signal active → Watch
  6. Watch → Watch; recovery signal active
  7. Watch; recovery signal active → Watch
  8. Amber List; recovery signal active → Watch; recovery signal active
  9. Amber List → Amber List; recovery signal active
  10. Watch → Amber List
  11. Watch; recovery signal active → Watch
  12. Amber List; recovery signal active → Watch; recovery signal active

Showing the latest 12 of 44 recorded events.

Absence from a captured list does not establish recovery. Historical tiers reflect the rules and data recorded at that time.

Around the worst days

What the news said when TNC fell hardest.

News published within a day of its largest one-day drops points to an earnings miss or lowered guidance.

  • -11.9%
  • -6.3%
  • -4.4%

A language model's reading of 4 headlines, taken . It classifies the news on those days; it does not explain the whole decline and is not a tier input. How this is produced.

Technical interpretation and signal details

The structural read

What price action says about TNC.

TNC is held on the Amber List. A tier moves down, or a name leaves the list, only after five consecutive scans below the tier's rules with a cushion of 3 points on depth and 1σ on sigma. Today's unbuffered reading: Watch.

Cross-confirmation: also showing 3/5 bearish time frames.

Cross-confirmation: decline sigma also reads 4.3σ over 10 bars.

A confirmed bullish signal on one or more time frames earned the Recovering badge. The tier reflects the most severe price-structure rule; Recovering identifies a separate bullish signal. Not a buy signal.

Whether TNC's turn is investable is ConvictionEdge's question, not ours.

Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 3 (red), weekly 2D (red), monthly 1 (red).

Earnings on file: 2026-08-05. Earnings dates don't affect tiering.

Questions about TNC

What people ask.

Why is TNC on Broken Stocks?

TNC is held on the Amber List. Held on the Amber List: it last met the Amber List rules. Today it reads Watch; a tier moves down only after five consecutive scans below its rules. It additionally carries a Recovering badge — see below.

What does the Recovering badge mean for TNC?

Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — TNC is still Amber List because a price-structure rule still triggers, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier reflects the most severe triggered rule; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.

Is TNC a falling knife?

No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. TNC is down -28.6% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.

Is TNC a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is TNC trading inside its 52-week range?

At $65.35, TNC sits 16.3% of the way from its 52-week low ($60.18) to its 52-week high ($91.93). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has TNC been declining?

The current 28.6% decline accrued over 113d, which annualizes to roughly -92.4% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does TNC compare to its sector?

There are 628 other Industrials tickers on Broken Stocks: 397 Red, 147 Amber, 84 Watch, with 291 showing recovering structural signals. Median sector decline is -35.8% — TNC's decline is shallower than the sector median.

Does TNC's earnings date affect its tier?

No. Tiering uses decline depth and recency, bearish time-frame structure, and decline sigma. The earnings date on file (2026-08-05) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.