Tantech Holdings Ltd. Class A Common Shares
Here’s whether Tantech Holdings Ltd. Class A Common Shares (TANH) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 49 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-0.98% over 10 days); weak 1-year return of -78.9%; rising volume on a downtrend (distribution, 1.42x avg). Currently 84.7% off its 52-week high. Score: -4/7.
TANH is trading below its 200-day MA ($0.71) — a key warning sign the longer-term trend is under pressure. An RSI of 49.2 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -78.9% compares to +20.4% for SPY (trailed the market by 99.3%). The current 84.7% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.