Latest signal: February 22, 2023

TNC Stock Analysis

Name: TNC Trading Alert Analysis
Creator: FILTRIX

Data source: Trade-Ideas Alerts | 2 alerts analyzed | Backtest period: 2023-02-21 → 2023-02-22

⚠️ Small sample size (2 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

TENNANT COMPANY REFRIGERATION & SERVICE INDUSTRY MACHINERY (SIC 3580)

📍 NYSE 📅 IPO: Jun 01, 1972 🔗 www.tennantco.com

💰 Market Cap: $1.41B 👥 Employees: 4,632

Tennant Co is a manufacturer of floor cleaning equipment, wood flooring, and wood products. It operates in four geographic business units including North America; Latin America; Europe, Middle East, Africa; and Asia Pacific. The company offers products and solutions consisting of mechanized cleaning equipment, detergent-free, and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions.

📊

Total Alerts

🎯

50.0%

Win Rate (5MIN)

💰

+0.35%

Avg Gain (5MIN)

🚀

+1.20%

Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 50.0%

Avg Gain: +0.35%

Avg Winner: +1.31%

Avg Loser: -0.62%

Best: +1.31%

Worst: -0.62%

Trades: 1/1

30MIN

Win Rate: 0.0%

Avg Gain: -1.50%

Avg Winner: +0.00%

Avg Loser: -1.50%

Best: -1.50%

Worst: -1.50%

Trades: 0/1

EOD (End of Day)

Win Rate: 50.0%

Avg Gain: -0.97%

Avg Winner: +0.66%

Avg Loser: -2.61%

Best: +0.66%

Worst: -2.61%

Trades: 1/1

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +1.20%

Best MFE: +2.79%

Avg Time to MFE: 94 min

On average, TNC alerts reach +1.20% profit potential within 94 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.49%

Worst MAE: -1.29%

Avg Time to MAE: 4 min

Before reaching MFE, expect an average drawdown of 0.49%.

⚖️ Risk/Reward Ratio

2.46:1

Excellent risk/reward - potential gain is 2.46x the typical drawdown.

💡 Trading Insight: Based on 2 alerts, TNC typically reaches +1.20% profit before pulling back. Consider setting profit targets around 1.0% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 2

Gap Up % 50.0%

Avg Gap -0.20%

Best Gap +0.62%

🏭 Sector Comparison: REFRIGERATION & SERVICE INDUSTRY MACHINERY

How TNC compares to 2 other tickers in the same sector.

5-Min Gain

TNC: +0.00% Sector: +0.31% -0.31%

EOD Gain

TNC: +0.00% Sector: +2.10% -2.10%

Avg MFE

TNC: +0.00% Sector: +3.59% -3.59%

📋 Last 20 Alerts

Historical TNC alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date	Time	Price	5min	15min	30min	60min	EOD	MFE	MAE	Gap	Result
2023-02-22	09:29:00	$68.01	+1.31%	-	-	-	+0.66%	+2.79%	+0.31%	+0.62%	WIN
2023-02-21	09:27:00	$69.83	-0.62%	-	-1.50%	-	-2.61%	-0.39%	-1.29%	-1.02%	LOSS

Table Metrics Explained:

5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
MFE: Maximum Favorable Excursion - highest profit potential reached during the day
MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 50.0% Baseline on TNC

The 50.0% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push TNC's performance to 75%+.

Optimize TNC Strategy →

Why Analyze TNC with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for TNC. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, TNC historically offers an average upside of +1.20% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 TNC Momentum Personality

With a baseline win rate of 50.0%, TNC shows neutral behavior, suggesting the need for additional volume confirmation.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show TNC performs best on the 5MIN timeframe (Avg Gain: +0.35%), signaling that gains often fade later in the session.